Just Eat PLC’s (JE) Outperform Rating Reiterated at Macquarie
Just Eat PLC (LON:JE)‘s stock had its “outperform” rating reissued by stock analysts at Macquarie in a research note issued to investors on Thursday. They presently have a GBX 730 ($9.46) target price on the stock. Macquarie’s target price would suggest a potential upside of 9.28% from the company’s current price.
A number of other analysts also recently issued reports on the stock. Deutsche Bank AG reissued a “buy” rating and issued a GBX 725 ($9.39) price objective on shares of Just Eat PLC in a report on Wednesday, May 3rd. Morgan Stanley initiated coverage on shares of Just Eat PLC in a research report on Thursday, June 22nd. They issued an “equal weight” rating for the company. Numis Securities Ltd restated an “add” rating and issued a GBX 690 ($8.94) target price on shares of Just Eat PLC in a research report on Tuesday, May 2nd. Peel Hunt restated a “buy” rating and issued a GBX 895 ($11.59) target price on shares of Just Eat PLC in a research report on Friday, June 30th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating on shares of Just Eat PLC in a research report on Thursday, May 11th. Two equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of GBX 711.75 ($9.22).
Shares of Just Eat PLC (LON JE) traded up 0.30% on Thursday, hitting GBX 668.00. The company’s stock had a trading volume of 926,562 shares. The stock’s market capitalization is GBX 4.54 billion. Just Eat PLC has a 52 week low of GBX 415.01 and a 52 week high of GBX 689.00. The stock’s 50 day moving average price is GBX 646.37 and its 200 day moving average price is GBX 578.82.
COPYRIGHT VIOLATION NOTICE: This story was first published by American Banking News and is owned by of American Banking News. If you are reading this story on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/07/09/just-eat-plcs-je-outperform-rating-reiterated-at-macquarie.html.
About Just Eat PLC
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.
Receive News & Ratings for Just Eat PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Eat PLC and related companies with MarketBeat.com's FREE daily email newsletter.