Published On: Thu, Mar 30th, 2017

Broker Changes For MEDIFAST INC (NYSE:MED)


Recently stock market analysts have updated their consensus ratings on shares of MEDIFAST INC (NYSE:MED).

Most recent broker ratings

08/04/2016 – MEDIFAST INC had its “hold” rating reiterated by analysts at Wunderlich. They now have a USD 36 price target on the stock.

01/11/2016 – MEDIFAST INC was upgraded to “buy” by analysts at Sidoti. They now have a USD 35 price target on the stock.

10/15/2015 – MEDIFAST INC had its “hold” rating reiterated by analysts at Canaccord Genuity. They now have a USD 31 price target on the stock.

03/03/2015 – MEDIFAST INC was downgraded to “underperform” by analysts at Bank of America Merrill Lynch.

11/07/2014 – MEDIFAST INC was downgraded to “in” by analysts at Imperial Capital. They now have a USD 32 price target on the stock.

10/07/2014 – MEDIFAST INC was upgraded to “neutral” by analysts at Zacks. They now have a USD 32.2 price target on the stock.

08/29/2014 – MEDIFAST INC had its “outperform” rating reiterated by analysts at Wedbush. They now have a USD 36 price target on the stock.

11/06/2013 – MEDIFAST INC had its “neutral” rating reiterated by analysts at Janney Montgomery Scott. They now have a USD 25 price target on the stock.

MEDIFAST INC has a 50 day moving average of 43.99 and a 200 day moving average of 41.15. The stock’s market capitalization is 520.89M, it has a 52-week low of 29.32 and a 52-week high of 46.36.

The share price of the company (NYSE:MED) was up +0.41% during the last trading session, with a high of 43.87 and the volume of MEDIFAST INC shares traded was 68861.

Medifast, Inc. is engaged in the production, distribution and sale of weight loss, weight management and healthy living products, and other consumable health and nutritional products. Medifast product lines include weight loss, weight management, and healthy living meal replacements, snacks, hydration products and vitamins. The Company provides weight loss, weight management and healthy living products and programs through multiple channels of distribution, which include Take Shape For Life; its direct to consumer business unit through its Website and in-house call centers; Franchise Medifast Weight Control Centers, and a national network of physicians. The Company offers a range of weight loss, weight management and healthy products under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape For Life, Flavors of Home and Essential 1 brands. The Company also offers a sports nutrition pilot product line, Dual Fuel.