Just Eat PLC (LON:JE) PT Raised to GBX 700 at Berenberg Bank
Just Eat PLC (LON:JE) had its price objective raised by investment analysts at Berenberg Bank from GBX 660 ($8.59) to GBX 700 ($9.12) in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 16.47% from the company’s previous close.
Several other brokerages also recently commented on JE. Peel Hunt reaffirmed a “buy” rating and issued a GBX 895 ($11.66) price objective on shares of Just Eat PLC in a research report on Thursday, July 27th. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of Just Eat PLC in a research report on Tuesday, July 18th. Shore Capital reaffirmed a “buy” rating on shares of Just Eat PLC in a research report on Tuesday, July 18th. Morgan Stanley began coverage on Just Eat PLC in a research report on Thursday, June 22nd. They issued an “equal weight” rating on the stock. Finally, Macquarie increased their price target on Just Eat PLC from GBX 670 ($8.73) to GBX 730 ($9.51) and gave the stock an “outperform” rating in a research report on Thursday, June 8th. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Just Eat PLC currently has an average rating of “Buy” and a consensus target price of GBX 720 ($9.38).
Shares of Just Eat PLC (LON:JE) opened at 605.00 on Friday. The company has a 50-day moving average price of GBX 663.93 and a 200-day moving average price of GBX 599.09. The stock’s market cap is GBX 4.09 billion. Just Eat PLC has a 52 week low of GBX 495.07 and a 52 week high of GBX 723.00.
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About Just Eat PLC
Just Eat plc is a United Kingdom-based operator of digital marketplace for takeaway food delivery. The Company’s segments include the UK, Australia & New Zealand, Established Markets and Developing Markets. The Established Markets includes Benelux, Canada, Denmark, France, Ireland, Norway and Switzerland.
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