Just Eat PLC (JE) Price Target Raised to GBX 650
Just Eat PLC (LON:JE) had its price target hoisted by research analysts at Investec from GBX 479 ($5.93) to GBX 650 ($8.04) in a research note issued on Monday. The brokerage currently has a “buy” rating on the stock. Investec’s target price would suggest a potential upside of 20.26% from the stock’s current price.
JE has been the topic of a number of other reports. Deutsche Bank AG assumed coverage on shares of Just Eat PLC in a report on Thursday, July 21st. They set a “buy” rating and a GBX 630 ($7.80) target price on the stock. Peel Hunt restated an “add” rating on shares of Just Eat PLC in a report on Thursday, September 29th. Goldman Sachs Group Inc. restated a “conviction-buy” rating and issued a GBX 690 ($8.54) price objective on shares of Just Eat PLC in a report on Friday, August 19th. Credit Suisse Group AG restated an “outperform” rating and issued a GBX 640 ($7.92) price objective on shares of Just Eat PLC in a report on Tuesday, August 9th. Finally, Canaccord Genuity restated a “buy” rating and issued a GBX 680 ($8.42) price objective on shares of Just Eat PLC in a report on Tuesday, September 20th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 613.64 ($7.59).
Just Eat PLC (LON:JE) opened at 532.00 on Monday. The firm’s market capitalization is GBX 3.58 billion. The company’s 50-day moving average is GBX 546.73 and its 200-day moving average is GBX 473.19. Just Eat PLC has a 52-week low of GBX 319.60 and a 52-week high of GBX 603.85.
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Just Eat PLC Company Profile
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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