Just Eat PLC’s (JE) Buy Rating Reaffirmed at Peel Hunt
Other research analysts also recently issued research reports about the company. Macquarie reiterated an outperform rating and set a GBX 730 ($9.60) target price on shares of Just Eat PLC in a report on Friday, July 28th. Berenberg Bank boosted their price target on Just Eat PLC from GBX 660 ($8.68) to GBX 700 ($9.21) and gave the stock a buy rating in a research report on Friday, August 11th. Deutsche Bank AG boosted their price target on Just Eat PLC from GBX 790 ($10.39) to GBX 830 ($10.92) and gave the stock a buy rating in a research report on Wednesday, November 1st. J P Morgan Chase & Co boosted their price target on Just Eat PLC from GBX 826 ($10.86) to GBX 835 ($10.98) and gave the stock an overweight rating in a research report on Tuesday, October 3rd. Finally, Credit Suisse Group boosted their price target on Just Eat PLC from GBX 680 ($8.94) to GBX 780 ($10.26) and gave the stock an outperform rating in a research report on Friday, July 28th. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of GBX 801.80 ($10.55).
Just Eat PLC (LON JE) traded down GBX 21.50 ($0.28) during mid-day trading on Thursday, hitting GBX 802.50 ($10.56). The company’s stock had a trading volume of 4,327,141 shares, compared to its average volume of 3,500,000. Just Eat PLC has a 1 year low of GBX 495.07 ($6.51) and a 1 year high of GBX 821 ($10.80).
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In other Just Eat PLC news, insider David Buttress sold 784,649 shares of the stock in a transaction on Thursday, August 24th. The stock was sold at an average price of GBX 636 ($8.37), for a total value of £4,990,367.64 ($6,563,682.28). Also, insider Frederic Coorevits sold 13,500,000 shares of the stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of GBX 760 ($10.00), for a total value of £102,600,000 ($134,946,731.55).
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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