Just Eat PLC (JE) Rating Reiterated by Canaccord Genuity
Just Eat PLC (LON:JE)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity in a report issued on Wednesday. They presently have a GBX 680 ($8.88) price objective on the stock. Canaccord Genuity’s price objective indicates a potential upside of 27.94% from the stock’s current price.
JE has been the subject of several other reports. Deutsche Bank AG began coverage on shares of Just Eat PLC in a report on Thursday, July 21st. They issued a “buy” rating and a GBX 630 ($8.22) target price for the company. Goldman Sachs Group Inc. reaffirmed a “conviction-buy” rating and issued a GBX 690 ($9.01) target price on shares of Just Eat PLC in a report on Friday, August 19th. Jefferies Group reaffirmed a “buy” rating and issued a GBX 550 ($7.18) target price on shares of Just Eat PLC in a report on Monday, June 13th. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 640 ($8.35) target price on shares of Just Eat PLC in a report on Tuesday, August 9th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Just Eat PLC in a report on Monday, June 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 601.43 ($7.85).
Shares of Just Eat PLC (LON:JE) opened at 525.00 on Wednesday. The stock’s market capitalization is GBX 3.54 billion. The firm has a 50-day moving average of GBX 556.46 and a 200 day moving average of GBX 461.09. Just Eat PLC has a 1-year low of GBX 319.60 and a 1-year high of GBX 603.85.
Just Eat PLC Company Profile
JUST EAT plc operates a digital marketplace for takeaway food delivery. The Company’s segments include United Kingdom, Australia and New Zealand, Established Markets and Developing Markets. Established Markets includes Benelux, Canada, Denmark, France Ireland, Norway and Switzerland. Developing Markets includes Italy, Mexico and Spain.
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