Just Eat PLC (JE) Price Target Raised to GBX 650
Just Eat PLC (LON:JE) had its target price boosted by Investec from GBX 479 ($5.93) to GBX 650 ($8.04) in a report issued on Monday. The brokerage presently has a “buy” rating on the stock. Investec’s price target would suggest a potential upside of 20.26% from the company’s current price.
Other analysts also recently issued research reports about the stock. Peel Hunt reissued an “add” rating and issued a GBX 432 ($5.35) price objective on shares of Just Eat PLC in a research note on Tuesday, June 21st. Canaccord Genuity reissued a “buy” rating and issued a GBX 625 ($7.74) price objective on shares of Just Eat PLC in a research note on Thursday, July 28th. Jefferies Group reissued a “buy” rating and issued a GBX 550 ($6.81) price objective on shares of Just Eat PLC in a research note on Monday, July 25th. Deutsche Bank AG started 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 objective for the company. Finally, Citigroup Inc. reissued a “buy” rating on shares of Just Eat PLC in a research note on Monday, June 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Just Eat PLC 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 532.00 on Monday. The stock’s market cap is GBX 3.58 billion. Just Eat PLC has a 1-year low of GBX 319.60 and a 1-year high of GBX 603.85. The company has a 50 day moving average price of GBX 546.73 and a 200 day moving average price 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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