Just Eat PLC (LON:JE) Given Average Rating of “Buy” by Brokerages
Shares of Just Eat PLC (LON:JE) have received an average recommendation of “Buy” from the fourteen ratings firms that are covering the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 619.83 ($8.09).
A number of brokerages have issued reports on JE. Citigroup Inc. reaffirmed a “buy” rating on shares of Just Eat PLC in a research note on Monday, June 13th. Barclays PLC lowered Just Eat PLC to an “equal weight” rating and increased their price target for the company from GBX 550 ($7.18) to GBX 630 ($8.22) in a research note on Thursday, August 25th. Credit Suisse Group AG began coverage on Just Eat PLC in a research note on Thursday, July 7th. They set an “outperform” rating and a GBX 560 ($7.31) price target for the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 810 ($10.57) price target (up from GBX 780 ($10.18)) on shares of Just Eat PLC in a research note on Monday, August 1st. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 680 ($8.88) price target on shares of Just Eat PLC in a research note on Tuesday, September 20th.
Just Eat PLC (LON:JE) traded up 2.55% during trading on Tuesday, reaching GBX 564.00. The company had a trading volume of 3,965,189 shares. Just Eat PLC has a 52-week low of GBX 319.60 and a 52-week high of GBX 603.85. The company has a 50-day moving average price of GBX 553.68 and a 200 day moving average price of GBX 465.36. The stock’s market cap is GBX 3.80 billion.
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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