Just Eat PLC’s (JE) “Equal Weight” Rating Reiterated at Barclays PLC
Just Eat PLC (LON:JE)‘s stock had its “equal weight” rating reiterated by equities researchers at Barclays PLC in a research report issued to clients and investors on Monday. They currently have a GBX 630 ($7.68) price target on the stock. Barclays PLC’s price objective would suggest a potential upside of 20.69% from the stock’s previous close.
Several other brokerages have also recently issued reports on JE. Goldman Sachs Group Inc. restated a “conviction-buy” rating and set a GBX 690 ($8.41) price objective on shares of Just Eat PLC in a research note on Friday, August 19th. Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 700 ($8.53) target price on shares of Just Eat PLC in a research report on Wednesday, August 10th. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 640 ($7.80) target price on shares of Just Eat PLC in a research report on Tuesday, August 9th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 725 ($8.84) target price on shares of Just Eat PLC in a research report on Tuesday, October 11th. Finally, Peel Hunt reaffirmed an “add” rating on shares of Just Eat PLC in a research report on Friday, August 5th. One analyst has rated the stock with a sell rating, two have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of GBX 613.64 ($7.48).
Just Eat PLC (LON:JE) traded down 3.42% during midday trading on Monday, hitting GBX 522.00. 4,157,973 shares of the company traded hands. The stock has a 50 day moving average of GBX 545.64 and a 200 day moving average of GBX 475.58. The stock’s market cap is GBX 3.52 billion. Just Eat PLC has a 12-month low of GBX 319.60 and a 12-month 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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