Just Eat PLC’s (JE) “Equal Weight” Rating Reaffirmed at Barclays PLC
Just Eat PLC (LON:JE)‘s stock had its “equal weight” rating reaffirmed by investment analysts at Barclays PLC in a research report issued on Monday. They presently have a GBX 630 ($7.80) target price on the stock. Barclays PLC’s target price would suggest a potential upside of 19.21% from the company’s current price.
Several other equities research analysts have also recently weighed in on JE. Credit Suisse Group AG assumed coverage on shares of Just Eat PLC in a research report on Thursday, July 7th. They set an “outperform” rating and a GBX 560 ($6.93) price target for the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 810 ($10.02) target price (up from GBX 780 ($9.65)) on shares of Just Eat PLC in a research report on Monday, August 1st. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 680 ($8.42) target price on shares of Just Eat PLC in a research report on Tuesday, September 20th. Deutsche Bank AG initiated coverage on shares of Just Eat PLC in a research note on Thursday, July 21st. They issued a “buy” rating and a GBX 630 ($7.80) price target for the company. Finally, Citigroup Inc. reiterated a “buy” rating on shares of Just Eat PLC in a research note on Monday, June 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 613.64 ($7.59).
Shares of Just Eat PLC (LON:JE) opened at 528.00 on Monday. Just Eat PLC has a 1-year low of GBX 319.60 and a 1-year high of GBX 603.85. The company’s market capitalization is GBX 3.56 billion. The firm has a 50-day moving average of GBX 546.73 and a 200 day moving average of GBX 473.19.
About Just Eat PLC
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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