MEDIFAST INC found using ticker (MED) have now 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 352 and 285 and has a mean target at 327.33. Given that the stocks previous close was at 173.74 this would indicate that there is a potential upside of 88.4%. The 50 day moving average now sits at 176.87 and the 200 moving average now moves to 190.58. The market cap for the company is $2,008m. Visit the company website at: https://medifastinc.com
The potential market cap would be $3,784m 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.
