Just Eat PLC’s (JE) Buy Rating Reiterated at Citigroup Inc.
Citigroup Inc. reissued their buy rating on shares of Just Eat PLC (LON:JE) in a research report report published on Wednesday morning. The firm currently has a GBX 780 ($10.09) price objective on the stock.
Other equities research analysts have also issued reports about the stock. Deutsche Bank AG boosted their price objective on shares of Just Eat PLC from GBX 725 ($9.38) to GBX 785 ($10.15) and gave the stock a buy rating in a research report on Wednesday, June 7th. Peel Hunt reiterated a buy rating and issued a GBX 895 ($11.58) price objective on shares of Just Eat PLC in a research report on Thursday, July 20th. Macquarie reiterated an outperform rating and issued a GBX 730 ($9.44) price objective on shares of Just Eat PLC in a research report on Friday, July 28th. J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 825 ($10.67) price objective on shares of Just Eat PLC in a research report on Wednesday, May 3rd. Finally, Numis Securities Ltd reiterated an add rating and issued a GBX 690 ($8.92) price objective on shares of Just Eat PLC in a research report on Tuesday, May 2nd. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of Buy and an average price target of GBX 720 ($9.31).
Shares of Just Eat PLC (LON JE) opened at 679.00 on Wednesday. Just Eat PLC has a 12 month low of GBX 495.07 and a 12 month high of GBX 723.00. The firm’s market capitalization is GBX 4.59 billion. The stock has a 50 day moving average of GBX 649.78 and a 200-day moving average of GBX 609.29.
In related news, insider David Buttress sold 784,649 shares of the stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.23), for a total transaction of £4,990,367.64 ($6,454,174.39).
Just Eat PLC Company Profile
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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