MEDIFAST INC with ticker code (MED) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 345 and 300 and has a mean target at 328.67. Now with the previous closing price of 179.17 this would imply there is a potential upside of 83.4%. The day 50 moving average is 178.3 and the 200 day moving average is 194.27. The company has a market cap of $2,076m. You can visit the company’s website by visiting: https://medifastinc.com
The potential market cap would be $3,809m based on the market concensus.
Medifast, through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.
