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Jefferies Group initiated coverage on shares of Just Eat PLC (LON:JE) in a research note issued on Wednesday. The firm set a “buy” rating and a GBX 450 ($7.47) price target on the stock. Jefferies Group’s target price points to a potential upside of 67.22% from the company’s current price.

Shares of Just Eat PLC (LON:JE) traded up 7.24% during mid-day trading on Wednesday, hitting GBX 288.5759. The stock had a trading volume of 692,446 shares. Just Eat PLC has a 52-week low of GBX 186.884 and a 52-week high of GBX 297.96. The stock’s 50-day moving average is GBX 231.9 and its 200-day moving average is GBX 235.0.

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