Shares of GrubHub Inc. (NYSE:GRUB) have been assigned an average recommendation of “Buy” from the twenty-four research firms that are covering the firm. Twelve analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $34.27.

GRUB has been the topic of several recent research reports. Vetr cut shares of GrubHub from a “strong-buy” rating to a “buy” rating and set a $41.00 target price on the stock. in a report on Monday, August 22nd. Mizuho raised their target price on shares of GrubHub from $33.00 to $45.00 and gave the stock a “buy” rating in a report on Friday, July 29th. Stifel Nicolaus raised their target price on shares of GrubHub from $32.00 to $45.00 and gave the stock a “buy” rating in a report on Friday, July 29th. Canaccord Genuity raised their target price on shares of GrubHub from $34.00 to $42.00 and gave the stock a “buy” rating in a report on Friday, July 29th. Finally, Argus initiated coverage on shares of GrubHub in a report on Wednesday, October 12th. They set a “buy” rating on the stock.

A number of institutional investors have recently made changes to their positions in the company. Barclays PLC increased its position in shares of GrubHub by 3.2% in the first quarter. Barclays PLC now owns 87,800 shares of the company’s stock worth $2,196,000 after buying an additional 2,752 shares in the last quarter. Logan Capital Management Inc. increased its position in shares of GrubHub by 42.4% in the first quarter. Logan Capital Management Inc. now owns 16,111 shares of the company’s stock worth $405,000 after buying an additional 4,800 shares in the last quarter. Geode Capital Management LLC increased its position in shares of GrubHub by 3.6% in the first quarter. Geode Capital Management LLC now owns 511,586 shares of the company’s stock worth $12,856,000 after buying an additional 17,942 shares in the last quarter. Finally, State Street Corp increased its position in shares of GrubHub by 3.1% in the first quarter. State Street Corp now owns 1,251,105 shares of the company’s stock worth $31,440,000 after buying an additional 37,963 shares in the last quarter.

GrubHub (NYSE:GRUB) traded up 2.26% on Monday, reaching $37.48. 788,590 shares of the company traded hands. The company has a market capitalization of $3.21 billion, a PE ratio of 68.15 and a beta of 1.94. GrubHub has a 52-week low of $17.77 and a 52-week high of $44.58. The stock has a 50-day moving average of $39.46 and a 200 day moving average of $34.76.

GrubHub Company Profile

Grubhub Inc (Grubhub) is a provider of an online and mobile platform for restaurant pick-up and delivery orders. The Company connects more than 40,000 local restaurants with diners in more than 1,000 cities across the United States. For restaurants, Grubhub generates higher margin takeout orders at full menu prices.

5 Day Chart for NYSE:GRUB

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