MEDIFAST INC – Consensus Indicates Potential 28.9% Upside

Broker Ratings

MEDIFAST INC with ticker code (MED) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 310 and 295 and has a mean target at 301.75. With the stocks previous close at 234.01 this would imply there is a potential upside of 28.9%. There is a 50 day moving average of 245.28 and the 200 day moving average is 204.69. The company has a market capitalisation of $2,797m. Visit the company website at: http://medifastinc.com

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. It offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through point of sale transactions over ecommerce platform and its franchisee system. Medifast was founded in 1980 and is headquartered in Baltimore, Maryland.

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