JUST EAT (JE) Stock Rating Reaffirmed by Peel Hunt
JUST EAT (LON:JE)‘s stock had its “buy” rating restated by Peel Hunt in a research note issued to investors on Monday. They presently have a GBX 895 ($12.05) target price on the stock. Peel Hunt’s target price would suggest a potential upside of 13.58% from the stock’s previous close.
Several other analysts have also issued reports on JE. J P Morgan Chase & Co upped their price objective on JUST EAT from GBX 841 ($11.32) to GBX 967 ($13.01) and gave the company an “overweight” rating in a research note on Thursday, November 30th. Berenberg Bank upped their price objective on JUST EAT from GBX 660 ($8.88) to GBX 700 ($9.42) and gave the company a “buy” rating in a research note on Friday, August 11th. Deutsche Bank dropped their price objective on JUST EAT from GBX 785 ($10.57) to GBX 760 ($10.23) and set a “buy” rating on the stock in a research note on Tuesday, August 8th. Macquarie restated an “outperform” rating and issued a GBX 747 ($10.05) price objective on shares of JUST EAT in a research note on Monday, September 25th. Finally, Barclays restated an “equal weight” rating on shares of JUST EAT in a research note on Wednesday, November 1st. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of GBX 813.53 ($10.95).
Shares of JUST EAT (JE) opened at GBX 788 ($10.61) on Monday. JUST EAT has a 52 week low of GBX 495.07 ($6.66) and a 52 week high of GBX 827 ($11.13).
In other news, insider Frederic Coorevits sold 13,500,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of GBX 760 ($10.23), for a total transaction of £102,600,000 ($138,088,829.07).
JUST EAT Company Profile
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.
Receive News & Ratings for JUST EAT plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JUST EAT plc and related companies with Analyst Ratings Network's FREE daily email newsletter.