Barrington Remains a Hold on Nutrisystem Inc

In a report released today, Vincent Colicchio from Barrington maintained a Hold rating on Nutrisystem Inc (NASDAQ: NTRI). The company’s shares opened today at $33.20.

Colicchio said:

“We are maintaining our MARKET PERFORM investment rating, as the company focuses on rebuilding growth in the core NTRI brand. Company Description Nutrisystem, Inc. engages in the provision of weight management products and services. It offers weight loss programs sold primarily online and over the telephone and multi‐day kits and single items available at select retail locations. It also provides pre‐ packaged food program, digital tools, and counseling. The company was founded in 1971 and is headquartered in Fort Washington, PA.”

According to TipRanks.com, Colicchio is a 3-star analyst with an average return of 6.2% and a 55.8% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Convergys Corp.

Nutrisystem Inc has an analyst consensus of Moderate Buy, with a price target consensus of $48.25.

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The company has a one-year high of $67.95 and a one-year low of $26.06. Currently, Nutrisystem Inc has an average volume of 1.22M.

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Nutrisystem, Inc. engages in the provision of weight management products and services. It offers weight loss programs sold primarily online and over the telephone and multi-day kits and single items available at select retail locations. It also provides pre-packaged food program, digital tools, and counseling.