Just Eat’s (JE) Overweight Rating Reaffirmed at JPMorgan Chase & Co.

Just Eat (LON:JE)‘s stock had its “overweight” rating reissued by JPMorgan Chase & Co. in a report issued on Thursday. They currently have a GBX 967 ($13.11) price objective on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 20.54% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. Deutsche Bank reissued a “buy” rating and issued a GBX 830 ($11.26) price target on shares of Just Eat in a report on Tuesday, November 7th. Peel Hunt reissued a “buy” rating and issued a GBX 895 ($12.14) price target on shares of Just Eat in a report on Wednesday, January 3rd. Goldman Sachs Group reissued a “conviction-buy” rating and issued a GBX 920 ($12.48) price target on shares of Just Eat in a report on Friday, November 24th. Liberum Capital began coverage on shares of Just Eat in a report on Wednesday, November 8th. They issued a “buy” rating and a GBX 880 ($11.93) price target for the company. Finally, Numis Securities reissued an “add” rating and issued a GBX 845 ($11.46) price target on shares of Just Eat in a report on Tuesday, October 31st. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Just Eat has a consensus rating of “Buy” and a consensus target price of GBX 848 ($11.50).

Shares of Just Eat (JE) opened at GBX 802.20 ($10.88) on Thursday. The company has a market cap of $5,450.00 and a price-to-earnings ratio of 6,685.00. Just Eat has a 1 year low of GBX 495.07 ($6.71) and a 1 year high of GBX 827 ($11.22).

In other news, insider Frederic Coorevits sold 13,500,000 shares of the stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of GBX 760 ($10.31), for a total transaction of £102,600,000 ($139,137,510.17).

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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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