Just Eat (LON:JE) Rating Reiterated by UBS Group
UBS Group reaffirmed their neutral rating on shares of Just Eat (LON:JE) in a research note published on Thursday morning, ThisIsMoney.Co.Uk reports.
JE has been the subject of several other reports. Goldman Sachs Group set a €137.00 ($159.30) price objective on shares of Safran and gave the stock a buy rating in a research report on Monday, March 18th. Peel Hunt raised shares of MJ Gleeson to a hold rating and lifted their price objective for the stock from GBX 715 ($9.34) to GBX 745 ($9.73) in a research report on Thursday, July 4th. Deutsche Bank cut shares of RIGHTMOVE PLC/ADR from a buy rating to a hold rating in a research report on Monday, April 29th. Berenberg Bank lifted their price objective on shares of from GBX 54 ($0.71) to GBX 56 ($0.73) and gave the stock a buy rating in a research report on Tuesday, July 9th. Finally, Credit Suisse Group lifted their price objective on shares of JPMorgan Chase & Co. from $128.00 to $132.00 and gave the stock an outperform rating in a research report on Monday, April 15th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Just Eat currently has an average rating of Hold and an average price target of GBX 790.31 ($10.33).
Just Eat stock opened at GBX 626 ($8.18) on Thursday. The stock has a market cap of $4.17 billion and a PE ratio of 51.74. The stock’s fifty day moving average price is GBX 618.53. Just Eat has a 12-month low of GBX 519.20 ($6.78) and a 12-month high of GBX 889.40 ($11.62). The company has a current ratio of 0.76, a quick ratio of 0.69 and a debt-to-equity ratio of 12.81.
Just Eat plc, together with its subsidiaries, operates a hybrid marketplace for online food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 26 million customers and 100,000 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Italy, Mexico, Norway, Spain, Switzerland, and Brazil.
See Also: What are gap-up stocks?
Receive News & Ratings for Just Eat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Eat and related companies with MarketBeat.com's FREE daily email newsletter.