Just Eat PLC (JE) Reaches New 12-Month High at $792.00
Just Eat PLC (LON:JE)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 792 ($10.45) and last traded at GBX 780 ($10.29), with a volume of 9,755,830 shares traded. The stock had previously closed at GBX 740 ($9.77).
Several research firms have recently commented on JE. Peel Hunt reissued a “buy” rating and issued a GBX 895 ($11.81) target price on shares of Just Eat PLC in a report on Thursday, July 20th. Macquarie reissued an “outperform” rating and issued a GBX 730 ($9.63) target price on shares of Just Eat PLC in a report on Thursday, July 6th. J P Morgan Chase & Co reissued an “overweight” rating on shares of Just Eat PLC in a report on Friday, July 7th. Shore Capital reissued a “buy” rating on shares of Just Eat PLC in a report on Tuesday, July 18th. Finally, Barclays PLC downgraded shares of Just Eat PLC to an “equal weight” rating and set a GBX 700 ($9.24) target price on the stock. in a report on Friday, July 28th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 751.67 ($9.92).
The company has a 50-day moving average price of GBX 699.80 and a 200-day moving average price of GBX 655.30. The company’s market cap is GBX 5.27 billion.
In related news, insider David Buttress sold 784,649 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of GBX 636 ($8.39), for a total value of £4,990,367.64 ($6,585,336.03).
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About Just Eat PLC
Just Eat plc is a United Kingdom-based operator of digital marketplace for takeaway food delivery. The Company’s segments include the UK, Australia & New Zealand, Established Markets and Developing Markets. The Established Markets includes Benelux, Canada, Denmark, France, Ireland, Norway and Switzerland.
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