Just Eat PLC (JE) Receives Consensus Recommendation of “Buy” from Analysts
Just Eat PLC (LON:JE) has earned a consensus recommendation of “Buy” from the seventeen brokerages that are covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, twelve have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 746.07 ($9.64).
Several research analysts have weighed in on the stock. Citigroup Inc. reiterated a “buy” rating and issued a GBX 780 ($10.07) price target on shares of Just Eat PLC in a research report on Wednesday, August 30th. Shore Capital reiterated a “buy” rating on shares of Just Eat PLC in a research report on Tuesday, July 18th. Peel Hunt reiterated a “buy” rating and issued a GBX 895 ($11.56) price target on shares of Just Eat PLC in a research report on Friday, June 30th. Morgan Stanley assumed coverage on shares of Just Eat PLC in a research report on Thursday, June 22nd. They issued an “equal weight” rating on the stock. Finally, J P Morgan Chase & Co reiterated an “overweight” rating on shares of Just Eat PLC in a research report on Tuesday, July 18th.
Shares of Just Eat PLC (LON JE) traded down 1.67% during midday trading on Tuesday, reaching GBX 679.00. 1,429,410 shares of the company’s stock were exchanged. The stock’s market cap is GBX 4.59 billion. Just Eat PLC has a one year low of GBX 495.07 and a one year high of GBX 723.00. The firm has a 50 day moving average of GBX 646.88 and a 200-day moving average of GBX 619.37.
COPYRIGHT VIOLATION WARNING: This piece was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark laws. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/09/12/just-eat-plc-je-receives-consensus-recommendation-of-buy-from-analysts-2.html.
In other Just Eat PLC news, insider David Buttress sold 784,649 shares of Just Eat PLC stock in a transaction on Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.21), for a total value of £4,990,367.64 ($6,445,005.35).
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.