MEDIFAST INC found using ticker (MED) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 345 and 300 with a mean TP of 328.67. With the stocks previous close at 176.68 this now indicates there is a potential upside of 86.0%. There is a 50 day moving average of 182.61 and the 200 day moving average is 215.15. The market capitalisation for the company is $2,018m. You can visit the company’s website by visiting: https://medifastinc.com
The potential market cap would be $3,753m 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.
