MEDIFAST INC – Consensus Indicates Potential 69.5% Upside

Broker Ratings

MEDIFAST INC with ticker code (MED) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 395 and 345 with the average target price sitting at 363.33. With the stocks previous close at 214.31 this is indicating there is a potential upside of 69.5%. There is a 50 day moving average of 231.99 and the 200 day moving average is 258.13. The market capitalisation for the company is $2,449m. 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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