MEDIFAST INC with ticker code (MED) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 352 and 285 with the average target price sitting at 327.33. Now with the previous closing price of 174.69 this is indicating there is a potential upside of 87.4%. The day 50 moving average is 177.34 and the 200 moving average now moves to 189.64. The market capitalisation for the company is $1,976m. Visit the company website at: https://medifastinc.com
The potential market cap would be $3,702m 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.
