Just Eat (JE) Rating Lowered to Sell at Peel Hunt

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Peel Hunt downgraded shares of Just Eat (LON:JE) to a sell rating in a report issued on Monday. They currently have GBX 520 ($6.79) price target on the stock.

Other research analysts have also recently issued reports about the company. UBS Group reissued a buy rating and issued a GBX 1,020 ($13.33) price target on shares of Just Eat in a report on Friday, August 31st. Liberum Capital reissued a buy rating on shares of Just Eat in a report on Friday, September 21st. Goldman Sachs Group set a GBX 1,080 ($14.11) price target on Just Eat and gave the stock a buy rating in a report on Friday, September 21st. Canaccord Genuity reaffirmed a hold rating and set a GBX 700 ($9.15) price objective on shares of Just Eat in a report on Tuesday, July 31st. Finally, Deutsche Bank upgraded Just Eat to a hold rating and decreased their price target for the company from GBX 690 ($9.02) to GBX 610 ($7.97) in a report on Tuesday, October 16th. Three analysts have rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of Buy and an average price target of GBX 854.38 ($11.16).

LON JE opened at GBX 583.20 ($7.62) on Monday. Just Eat has a 12 month low of GBX 544 ($7.11) and a 12 month high of GBX 906 ($11.84).

About Just Eat

Just Eat plc, together with its subsidiaries, operates digital marketplace for takeaway food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 21.5 million customers and 82,300 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Norway, Switzerland, Italy, Mexico, and Spain.

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Analyst Recommendations for Just Eat (LON:JE)

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