Wunderlich Securities announced Nutrisystem (NASDAQ:NTRI), bumping up its stock price target to $37.00 today
- Updated: October 19, 2016
Just yesterday Nutrisystem (NASDAQ:NTRI) traded 1.15% higher at $30.70. Nutrisystem’s 50-day moving average is $29.21 and its 200-day moving average is $26.54. The last closing price is up 15.66% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 195,058 shares of the stock were exchanged, down from an average trading volume of 218,071
In a report released on 10/19/2016 Wunderlich Securities increased the stock price target of Nutrisystem (NASDAQ:NTRI) from $31.00 to $37.00 reporting a possible upside of 0.21%.
See Chart Below
Nutrisystem has a 52 week low of $17.25 and a 52 week high of $31.05 with a P/E ratio of 30.37 The company’s market cap is currently $0.
In addition to Wunderlich Securities reporting its target price, a total of 7 firms have issued a report on the stock. The consensus target price is $32.86 with 3 firms rating the stock a strong buy, 4 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Nutrisystem (NASDAQ:NTRI)
Nutrisystem, Inc. (Nutrisystem) is a provider of weight management products and services, including nutritionally balanced weight loss programs, multi-day kits available at retail locations and digital tools to support weight loss. The Company's program customers purchase monthly food packages containing four-week meal plan consisting supply of breakfasts, lunches, dinners and snacks and flex meal plan recipes, which they supplement with fresh fruits, vegetables and dairy. Its customers order on an auto-delivery basis (Auto-Delivery), where it sends approximately four-week meal plan on an ongoing basis until notified of a customer's cancellation. The Company offers its pre-selected favorites food pack or personalized plans, where customers can hand pick their entire menu or customize plans to their dietary preference. Its meal plans feature approximately 150 menu options at different price points, including frozen and ready-to-go entrees, desserts, snacks and shakes.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.