Just Eat PLC (JE) Receives Equal weight Rating from Barclays PLC
Just Eat PLC (LON:JE)‘s stock had its “equal weight” rating reaffirmed by equities research analysts at Barclays PLC in a research note issued on Wednesday.
A number of other research analysts have also recently issued reports on the company. Deutsche Bank AG lifted their price target on Just Eat PLC from GBX 790 ($10.42) to GBX 830 ($10.95) and gave the company a “buy” rating in a report on Wednesday. Berenberg Bank lifted their price target on Just Eat PLC from GBX 700 ($9.24) to GBX 850 ($11.22) and gave the company a “buy” rating in a report on Wednesday. J P Morgan Chase & Co lifted their price target on Just Eat PLC from GBX 834 ($11.01) to GBX 841 ($11.10) and gave the company an “overweight” rating in a report on Wednesday. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 845 ($11.15) price target on shares of Just Eat PLC in a report on Tuesday. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 820 ($10.82) price target on shares of Just Eat PLC in a report on Tuesday. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 764.80 ($10.09).
Shares of Just Eat PLC (LON:JE) opened at 785.50 on Wednesday. The firm’s market cap is GBX 5.31 billion. The company has a 50 day moving average of GBX 699.80 and a 200-day moving average of GBX 655.30. Just Eat PLC has a 12-month low of GBX 495.07 and a 12-month high of GBX 792.00.
In other news, insider David Buttress sold 784,649 shares of the business’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of GBX 636 ($8.39), for a total transaction of £4,990,367.64 ($6,585,336.03).
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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