MEDIFAST INC found using ticker (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 352 and 285 with the average target price sitting at 327.33. Now with the previous closing price of 167.67 this would indicate that there is a potential upside of 95.2%. There is a 50 day moving average of 176.41 and the 200 day MA is 190.12. The company has a market cap of $1,947m. Find out more information at: https://medifastinc.com
The potential market cap would be $3,802m 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.
