Just Eat PLC’s (JE) “Buy” Rating Reiterated at Peel Hunt
A number of other brokerages have also commented on JE. Deutsche Bank AG lifted their price target on Just Eat PLC from GBX 725 ($9.75) to GBX 785 ($10.56) and gave the company a buy rating in a research note on Wednesday, June 7th. Macquarie reissued an outperform rating and set a GBX 730 ($9.82) price target on shares of Just Eat PLC in a research note on Friday, July 28th. Berenberg Bank lifted their price target on Just Eat PLC from GBX 660 ($8.88) to GBX 700 ($9.41) and gave the company a buy rating in a research note on Friday, August 11th. J P Morgan Chase & Co cut their price target on Just Eat PLC from GBX 825 ($11.09) to GBX 824 ($11.08) and set an overweight rating on the stock in a research note on Wednesday, June 7th. Finally, Credit Suisse Group lifted their price target on Just Eat PLC from GBX 680 ($9.14) to GBX 780 ($10.49) and gave the company an outperform rating in a research note on Friday, July 28th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. Just Eat PLC presently has a consensus rating of Buy and an average price target of GBX 729.47 ($9.81).
Just Eat PLC (LON JE) opened at 663.00 on Monday. The company’s 50-day moving average is GBX 646.78 and its 200 day moving average is GBX 625.93. The firm’s market cap is GBX 4.48 billion. Just Eat PLC has a 12 month low of GBX 495.07 and a 12 month high of GBX 723.00.
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In other Just Eat PLC news, insider David Buttress sold 784,649 shares of Just Eat PLC stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of GBX 636 ($8.55), for a total value of £4,990,367.64 ($6,711,091.50).
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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