JUST EAT (LON:JE) was downgraded by investment analysts at Deutsche Bank to a “hold” rating in a research report issued to clients and investors on Friday, November 17th, Marketbeat reports. They presently have a GBX 830 ($11.12) price target on the stock, up from their prior price target of GBX 790 ($10.58). Deutsche Bank’s price objective would indicate a potential upside of 2.91% from the stock’s previous close.
A number of other research firms have also issued reports on JE. Barclays reissued an “equal weight” rating on shares of JUST EAT in a report on Wednesday, November 1st. Berenberg Bank raised their price target on JUST EAT from GBX 700 ($9.37) to GBX 850 ($11.38) and gave the stock a “buy” rating in a report on Wednesday, November 1st. Morgan Stanley raised JUST EAT to an “equal weight” rating and raised their price target for the stock from GBX 590 ($7.90) to GBX 760 ($10.18) in a report on Friday, November 3rd. Credit Suisse Group lifted their price objective on JUST EAT from GBX 680 ($9.11) to GBX 780 ($10.45) and gave the company an “outperform” rating in a report on Friday, July 28th. Finally, J P Morgan Chase & Co lifted their price objective on JUST EAT from GBX 826 ($11.06) to GBX 835 ($11.18) and gave the company an “overweight” rating in a report on Tuesday, October 3rd. Five investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. JUST EAT currently has a consensus rating of “Buy” and an average price target of GBX 813.53 ($10.90).
JUST EAT (LON JE) opened at GBX 806.50 ($10.80) on Friday. JUST EAT has a twelve month low of GBX 495.07 ($6.63) and a twelve month high of GBX 827 ($11.08).
ILLEGAL ACTIVITY NOTICE: “Deutsche Bank Lowers JUST EAT (LON:JE) to Hold” was reported by Week Herald and is the sole property of of Week Herald. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://weekherald.com/2017/12/04/just-eat-plc-je-downgraded-by-deutsche-bank-ag-to-hold.html.
About JUST EAT
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.
Receive News & Ratings for JUST EAT plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JUST EAT plc and related companies with MarketBeat.com's FREE daily email newsletter.