Just Eat (LON:JE)‘s stock had its “hold” rating restated by equities research analysts at Deutsche Bank in a research note issued on Monday, December 4th. They presently have a GBX 830 ($11.10) target price on the stock. Deutsche Bank’s price objective points to a potential upside of 6.27% from the company’s current price.
Other research analysts have also issued reports about the stock. Berenberg Bank lifted their price target on shares of Just Eat from GBX 660 ($8.82) to GBX 700 ($9.36) and gave the company a “buy” rating in a report on Friday, August 11th. JPMorgan Chase & Co. boosted their target price on shares of Just Eat from GBX 826 ($11.04) to GBX 835 ($11.16) and gave the company an “overweight” rating in a research note on Tuesday, October 3rd. Numis Securities reissued an “add” rating and set a GBX 845 ($11.30) target price on shares of Just Eat in a research note on Tuesday, October 31st. Credit Suisse Group boosted their target price on shares of Just Eat from GBX 825 ($11.03) to GBX 870 ($11.63) and gave the company an “outperform” rating in a research note on Wednesday, November 1st. Finally, Peel Hunt reissued a “buy” rating and set a GBX 895 ($11.97) target price on shares of Just Eat in a research note on Thursday, November 16th. Five analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Just Eat has an average rating of “Buy” and an average price target of GBX 813.53 ($10.88).
Just Eat (JE) traded up GBX 21 ($0.28) during midday trading on Monday, hitting GBX 781 ($10.44). 928,885 shares of the stock traded hands, compared to its average volume of 2,360,000. Just Eat has a 1-year low of GBX 495.07 ($6.62) and a 1-year high of GBX 827 ($11.06). The firm has a market cap of $5,310.00 and a price-to-earnings ratio of 6,508.33.
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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.
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