Just Eat PLC (JE) Given Average Rating of “Buy” by Analysts
Shares of Just Eat PLC (LON:JE) have been given a consensus rating of “Buy” by the sixteen research firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 739.86 ($9.41).
JE has been the subject of several recent analyst reports. Goldman Sachs Group, Inc. (The) reaffirmed a “conviction-buy” rating and set a GBX 920 ($11.70) target price on shares of Just Eat PLC in a research note on Monday, April 24th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 680 ($8.65) target price on shares of Just Eat PLC in a research note on Friday, April 28th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 725 ($9.22) price objective on shares of Just Eat PLC in a research note on Wednesday, May 3rd. Citigroup Inc. raised their price objective on Just Eat PLC from GBX 745 ($9.48) to GBX 780 ($9.92) and gave the company a “buy” rating in a research note on Thursday, April 27th. Finally, Numis Securities Ltd reissued an “add” rating and issued a GBX 690 ($8.78) price objective on shares of Just Eat PLC in a research note on Tuesday, May 2nd.
Shares of Just Eat PLC (JE) traded down 1.77% during mid-day trading on Tuesday, reaching GBX 665.00. The company’s stock had a trading volume of 1,222,508 shares. The firm’s market cap is GBX 4.51 billion. Just Eat PLC has a 12 month low of GBX 385.50 and a 12 month high of GBX 688.00. The company has a 50-day moving average of GBX 627.32 and a 200-day moving average of GBX 574.15.
Just Eat PLC Company Profile
Just Eat plc is a United Kingdom-based operator of digital marketplace for takeaway food delivery. The Company’s segments include the UK, Australia & New Zealand, Established Markets and Developing Markets. The Established Markets includes Benelux, Canada, Denmark, France, Ireland, Norway and Switzerland.
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