Just Eat’s (JE) “Buy” Rating Reiterated at Liberum Capital
Liberum Capital restated their buy rating on shares of Just Eat (LON:JE) in a research note issued to investors on Thursday morning, ThisIsMoney.Co.Uk reports.
A number of other research firms also recently issued reports on JE. Credit Suisse Group increased their target price 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. JPMorgan Chase & Co. downgraded shares of Sogou from a neutral rating to an underweight rating and cut their target price for the stock from $5.50 to $4.12 in a research report on Thursday, June 27th. UBS Group increased their target price on shares of LyondellBasell Industries from $86.00 to $89.00 and gave the stock a neutral rating in a research report on Thursday, July 11th. Goldman Sachs Group set a €135.00 ($156.98) price target on shares of SAP and gave the company a buy rating in a report on Friday, July 12th. Finally, Deutsche Bank raised their price target on shares of Spirit Airlines from $75.00 to $79.00 and gave the company a buy rating in a report on Friday, July 12th. Two equities research 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 stock. Just Eat has an average rating of Hold and an average price target of GBX 787.19 ($10.29).
JE stock opened at GBX 626.20 ($8.18) on Thursday. 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. The stock has a market cap of $4.27 billion and a P/E ratio of 51.75. The business has a 50 day moving average of GBX 619.57.
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.
Read More: Retained Earnings
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.