Just Eat PLC (JE) PT Raised to GBX 790
Just Eat PLC (LON:JE) had its price target hoisted by equities researchers at Deutsche Bank AG from GBX 760 ($10.03) to GBX 790 ($10.42) in a research note issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank AG’s price target suggests a potential upside of 10.18% from the company’s previous close.
Other research analysts have also recently issued reports about the stock. Berenberg Bank raised their target price on shares of Just Eat PLC from GBX 660 ($8.71) to GBX 700 ($9.24) and gave the stock a “buy” rating in a report on Friday, August 11th. Peel Hunt reiterated a “buy” rating and issued a GBX 895 ($11.81) target price on shares of Just Eat PLC in a report on Thursday, July 27th. Shore Capital reiterated a “buy” rating on shares of Just Eat PLC in a report on Tuesday, July 18th. Citigroup Inc. reiterated a “buy” rating and issued a GBX 780 ($10.29) target price on shares of Just Eat PLC in a report on Wednesday, August 30th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a GBX 680 ($8.97) target price on shares of Just Eat PLC in a report on Thursday, October 12th. Four 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. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 732 ($9.66).
Shares of Just Eat PLC (LON JE) opened at 711.50 on Tuesday. Just Eat PLC has a one year low of GBX 495.07 and a one year high of GBX 758.50. The firm has a 50 day moving average of GBX 691.86 and a 200 day moving average of GBX 647.99. The stock’s market cap is GBX 4.81 billion.
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In other news, insider David Buttress sold 784,649 shares of the firm’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.39), for a total value of £4,990,367.64 ($6,585,336.03).
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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