MEDIFAST INC with ticker code (MED) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 285 and 150 calculating the average target price we see 237.67. Given that the stocks previous close was at 126 this would indicate that there is a potential upside of 88.6%. There is a 50 day moving average of 174.34 and the 200 moving average now moves to 188.06. The company has a market capitalisation of $1,416m. Company Website: https://medifastinc.com
The potential market cap would be $2,671m 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.
