J P Morgan Chase & Co Reiterates Overweight Rating for JUST EAT (JE)

J P Morgan Chase & Co reaffirmed their overweight rating on shares of JUST EAT (LON:JE) in a report issued on Friday, November 17th.

JE has been the subject of a number of other research reports. Macquarie reissued an outperform rating and issued a GBX 747 ($10.05) price objective on shares of JUST EAT in a research report on Monday, September 25th. Canaccord Genuity reaffirmed a buy rating and set a GBX 680 ($9.15) price target on shares of JUST EAT in a research report on Thursday, October 12th. Deutsche Bank cut JUST EAT to a hold rating and lifted their price target for the stock from GBX 790 ($10.63) to GBX 830 ($11.17) in a research report on Friday, November 17th. Peel Hunt reaffirmed a buy rating and set a GBX 895 ($12.05) price target on shares of JUST EAT in a research report on Thursday, July 20th. Finally, Liberum Capital initiated coverage on JUST EAT in a report on Wednesday, November 8th. They issued a buy rating and a GBX 880 ($11.84) price objective for the company. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of Buy and an average target price of GBX 813.53 ($10.95).

JUST EAT (LON JE) traded down GBX 2.50 ($0.03) during trading hours on Friday, hitting GBX 795.50 ($10.71). The company had a trading volume of 2,210,871 shares, compared to its average volume of 3,540,000. JUST EAT has a 12-month low of GBX 495.07 ($6.66) and a 12-month high of GBX 827 ($11.13).

In other news, insider Frederic Coorevits sold 13,500,000 shares of JUST EAT stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of GBX 760 ($10.23), for a total transaction of £102,600,000 ($138,088,829.07).

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JUST EAT 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.

Analyst Recommendations for JUST EAT (LON:JE)

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