Just Eat PLC (JE) Given “Buy” Rating at Peel Hunt
Several other brokerages have also issued reports on JE. Macquarie restated an outperform rating and set a GBX 730 ($9.70) price target on shares of Just Eat PLC in a research note on Monday, June 19th. Credit Suisse Group boosted their price target on Just Eat PLC from GBX 680 ($9.04) to GBX 780 ($10.36) and gave the company an outperform rating in a research note on Friday, July 28th. J P Morgan Chase & Co boosted their price target on Just Eat PLC from GBX 826 ($10.98) to GBX 835 ($11.09) and gave the company an overweight rating in a research note on Tuesday, October 3rd. Shore Capital restated a buy rating on shares of Just Eat PLC in a research note on Tuesday, July 18th. Finally, Citigroup Inc. restated a buy rating and set a GBX 780 ($10.36) price target on shares of Just Eat PLC in a research note on Wednesday, August 30th. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of Buy and an average price target of GBX 730.07 ($9.70).
Just Eat PLC (LON:JE) opened at 720.50 on Friday. The firm’s market cap is GBX 4.87 billion. Just Eat PLC has a 12 month low of GBX 495.07 and a 12 month high of GBX 758.50. The stock has a 50 day moving average price of GBX 684.19 and a 200 day moving average price of GBX 642.84.
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In other news, insider David Buttress sold 784,649 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of GBX 636 ($8.45), for a total value of £4,990,367.64 ($6,630,836.62).
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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