Just Eat PLC (LON:JE)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity in a report issued on Thursday. They currently have a GBX 680 ($8.94) target price on the stock. Canaccord Genuity’s price objective indicates a potential downside of 3.27% from the stock’s previous close.

JE has been the subject of a number of other reports. J P Morgan Chase & Co increased their price objective on shares of Just Eat PLC from GBX 824 ($10.83) to GBX 826 ($10.86) and gave the company an “overweight” rating in a research note on Friday, July 28th. Macquarie reiterated an “outperform” rating and set a GBX 747 ($9.82) price objective on shares of Just Eat PLC in a research note on Monday, September 25th. Morgan Stanley initiated coverage on shares of Just Eat PLC in a research note on Thursday, June 22nd. They set an “equal weight” rating on the stock. Peel Hunt reiterated a “buy” rating and set a GBX 895 ($11.77) price objective on shares of Just Eat PLC in a research note on Thursday, July 20th. Finally, Deutsche Bank AG reduced their price objective on shares of Just Eat PLC from GBX 785 ($10.32) to GBX 760 ($9.99) and set a “buy” rating on the stock in a research note on Tuesday, August 8th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 730.07 ($9.60).

Shares of Just Eat PLC (JE) traded up 6.54% during trading on Thursday, hitting GBX 749.00. The stock had a trading volume of 3,858,306 shares. The firm has a 50 day moving average price of GBX 674.93 and a 200 day moving average price of GBX 639.34. The firm’s market cap is GBX 5.07 billion. Just Eat PLC has a 12-month low of GBX 495.07 and a 12-month high of GBX 758.50.

ILLEGAL ACTIVITY WARNING: “Canaccord Genuity Reaffirms Buy Rating for Just Eat PLC (JE)” was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another site, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The legal version of this article can be read at https://www.americanbankingnews.com/2017/10/12/canaccord-genuity-reaffirms-buy-rating-for-just-eat-plc-je.html.

In other Just Eat PLC news, insider David Buttress sold 784,649 shares of the firm’s stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.36), for a total transaction of £4,990,367.64 ($6,561,093.40).

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.

Analyst Recommendations for Just Eat PLC (LON:JE)

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.