Just Eat PLC (JE) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Just Eat PLC (LON:JE) have been given a consensus rating of “Buy” by the eighteen brokerages that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 736 ($9.55).
Several research firms recently weighed in on JE. Deutsche Bank AG raised their target price on shares of Just Eat PLC from GBX 725 ($9.41) to GBX 785 ($10.19) and gave the company a “buy” rating in a research note on Wednesday, June 7th. Peel Hunt reissued a “buy” rating and issued a GBX 895 ($11.62) target price on shares of Just Eat PLC in a research note on Thursday, July 20th. Macquarie reissued an “outperform” rating and issued a GBX 730 ($9.48) target price on shares of Just Eat PLC in a research note on Friday, July 28th. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 825 ($10.71) target price on shares of Just Eat PLC in a research note on Wednesday, May 3rd. Finally, Numis Securities Ltd reissued an “add” rating and issued a GBX 690 ($8.96) target price on shares of Just Eat PLC in a research note on Tuesday, May 2nd.
Just Eat PLC (LON JE) remained flat at GBX 635.00 during mid-day trading on Friday. The company had a trading volume of 1,991,860 shares. Just Eat PLC has a one year low of GBX 495.07 and a one year high of GBX 723.00. The stock’s market cap is GBX 4.29 billion. The company has a 50-day moving average price of GBX 656.49 and a 200-day moving average price of GBX 602.20.
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.
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