Just Eat PLC (JE) Stock Rating Reaffirmed by Deutsche Bank AG
Just Eat PLC (LON:JE)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank AG in a report issued on Tuesday. They presently have a GBX 725 ($8.97) price objective on the stock. Deutsche Bank AG’s price target would indicate a potential upside of 28.89% from the stock’s previous close.
Several other equities research analysts also recently weighed in on the stock. Citigroup Inc. reaffirmed a “buy” rating on shares of Just Eat PLC in a research note on Monday, June 13th. Barclays PLC downgraded shares of Just Eat PLC to an “equal weight” rating and lifted their price target for the company from GBX 550 ($6.81) to GBX 630 ($7.80) in a research note on Thursday, August 25th. Credit Suisse Group AG initiated coverage on shares of Just Eat PLC in a research note on Thursday, July 7th. They issued an “outperform” rating and a GBX 560 ($6.93) price target for the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 810 ($10.02) price target (up from GBX 780 ($9.65)) on shares of Just Eat PLC in a research note on Monday, August 1st. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 680 ($8.42) price target on shares of Just Eat PLC in a research note on Tuesday, September 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of GBX 601.43 ($7.44).
Shares of Just Eat PLC (LON:JE) opened at 565.50 on Tuesday. The company has a 50-day moving average of GBX 549.32 and a 200 day moving average of GBX 470.44. Just Eat PLC has a 52 week low of GBX 319.60 and a 52 week high of GBX 603.85. The firm’s market capitalization is GBX 3.81 billion.
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About Just Eat PLC
JUST EAT plc operates a digital marketplace for takeaway food delivery. The Company’s segments include United Kingdom, Australia and New Zealand, Established Markets and Developing Markets. Established Markets includes Benelux, Canada, Denmark, France Ireland, Norway and Switzerland. Developing Markets includes Italy, Mexico and Spain.
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