MEDIFAST INC with ticker code (MED) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 278 and 150 calculating the mean target price we have 214. With the stocks previous close at 109.37 this would imply there is a potential upside of 95.7%. The 50 day moving average now sits at 136.57 and the 200 moving average now moves to 173.25. The company has a market capitalisation of $1,244m. You can visit the company’s website by visiting: https://medifastinc.com
The potential market cap would be $2,434m 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.
