Just Eat PLC (JE) Stock Rating Reaffirmed by J P Morgan Chase & Co

Just Eat PLC (LON:JE)‘s stock had its “overweight” rating restated by analysts at J P Morgan Chase & Co in a research report issued on Friday.

A number of other equities research analysts also recently weighed in on the stock. Peel Hunt reissued a “buy” rating and set a GBX 895 ($11.77) price target on shares of Just Eat PLC in a research note on Thursday, July 20th. Barclays PLC downgraded shares of Just Eat PLC to an “equal weight” rating and set a GBX 700 ($9.21) price target for the company. in a research note on Friday, July 28th. Credit Suisse Group boosted their price target on shares of Just Eat PLC from GBX 780 ($10.26) to GBX 825 ($10.85) and gave the stock an “outperform” rating in a research note on Friday, September 8th. Citigroup Inc. reissued a “buy” rating and set a GBX 780 ($10.26) price target on shares of Just Eat PLC in a research note on Wednesday, August 30th. Finally, Deutsche Bank AG reissued a “buy” rating and set a GBX 760 ($10.00) price target on shares of Just Eat PLC in a research note on Friday, October 13th. Five equities research 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’s stock. The stock has an average rating of “Buy” and an average target price of GBX 801.80 ($10.55).

Shares of Just Eat PLC (LON JE) opened at GBX 802.50 ($10.56) on Friday. Just Eat PLC has a 12 month low of GBX 495.07 ($6.51) and a 12 month high of GBX 821 ($10.80).

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In other news, insider David Buttress sold 784,649 shares of the stock in a transaction on Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.37), for a total transaction 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 transaction of £102,600,000 ($134,946,731.55).

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.

Analyst Recommendations for Just Eat PLC (LON:JE)

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