Just Eat PLC (JE) PT Raised to GBX 650 at Investec
Just Eat PLC (LON:JE) had its target price lifted by equities researchers at Investec from GBX 479 ($5.84) to GBX 650 ($7.92) in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the stock. Investec’s price target would indicate a potential upside of 24.52% from the company’s previous close.
Several other research analysts also recently commented on the company. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 725 ($8.84) price objective on shares of Just Eat PLC in a research note on Tuesday, October 11th. Peel Hunt reaffirmed an “add” rating on shares of Just Eat PLC in a research note on Thursday, September 29th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 680 ($8.29) price objective on shares of Just Eat PLC in a research note on Wednesday, September 28th. Panmure Gordon raised their price objective on Just Eat PLC from GBX 641 ($7.81) to GBX 734 ($8.95) and gave the stock a “buy” rating in a research note on Friday, September 23rd. Finally, Jefferies Group reaffirmed a “buy” rating on shares of Just Eat PLC in a research note on Tuesday, September 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Just Eat PLC has a consensus rating of “Buy” and a consensus target price of GBX 613.64 ($7.48).
Just Eat PLC (LON:JE) traded down 3.42% during mid-day trading on Monday, reaching GBX 522.00. The company had a trading volume of 4,157,973 shares. The firm has a 50-day moving average of GBX 545.64 and a 200 day moving average of GBX 475.58. The company’s market capitalization is GBX 3.52 billion. Just Eat PLC has a 1-year low of GBX 319.60 and a 1-year 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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