Just Eat Takeaway.com N.V. (LON:JET) Receives GBX 8,423.86 Consensus Target Price from Analysts
Just Eat Takeaway.com N.V. (LON:JET) has received an average rating of “Buy” from the nine analysts that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 8,908.38 ($117.18).
A number of research analysts have recently issued reports on JET shares. Jefferies Financial Group raised shares of Just Eat Takeaway.com to a “buy” rating and set a GBX 8,000 ($105.24) price objective on the stock in a research report on Tuesday, March 17th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 9,847 ($129.53) price objective on shares of Just Eat Takeaway.com in a research report on Wednesday, May 13th. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 6,200 ($81.56) price objective on shares of Just Eat Takeaway.com in a research report on Wednesday, April 22nd. Royal Bank of Canada set a GBX 7,600 ($99.97) price objective on shares of Just Eat Takeaway.com and gave the stock a “neutral” rating in a research report on Wednesday, February 26th. Finally, UBS Group reissued a “buy” rating and set a GBX 9,700 ($127.60) target price on shares of Just Eat Takeaway.com in a research report on Monday, April 20th.
LON JET traded up GBX 254 ($3.34) during trading on Tuesday, reaching GBX 8,866 ($116.63). 223,527 shares of the company’s stock traded hands. The company has a 50 day simple moving average of GBX 7,782.24. The company has a debt-to-equity ratio of 23.84, a quick ratio of 0.41 and a current ratio of 0.56. Just Eat Takeaway.com has a 12-month low of GBX 65.28 ($0.86) and a 12-month high of GBX 9,000 ($118.39).
Just Eat Takeaway.com N.V. operates an online food delivery marketplace that connects consumers and restaurants through its Websites and apps in ten European countries. Its business relies on participating restaurants to deliver food themselves, with the Takeaway.com platform serving as a source of orders for restaurants and facilitating online payment processes.
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