Just Eat PLC (LON:JE) insider Frederic Coorevits sold 13,500,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of GBX 760 ($10.03), for a total transaction of £102,600,000 ($135,391,923.99).

ILLEGAL ACTIVITY WARNING: This piece of content was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another website, it was stolen and republished in violation of United States and international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/11/03/insider-selling-just-eat-plc-je-insider-sells-13500000-shares-of-stock.html.

JE has been the subject of a number of research analyst reports. Citigroup Inc. reissued a “buy” rating and issued a GBX 780 ($10.29) price target on shares of Just Eat PLC in a research report on Wednesday, August 30th. Shore Capital reissued a “buy” rating on shares of Just Eat PLC in a research report on Tuesday, July 18th. Peel Hunt reissued a “buy” rating and issued a GBX 895 ($11.81) price target on shares of Just Eat PLC in a research report on Monday, September 4th. J P Morgan Chase & Co reissued an “overweight” rating on shares of Just Eat PLC in a research report on Tuesday, July 18th. Finally, Credit Suisse Group increased their price target on shares of Just Eat PLC from GBX 780 ($10.29) to GBX 825 ($10.89) and gave the stock an “outperform” rating in a research report on Friday, September 8th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. Just Eat PLC currently has an average rating of “Buy” and an average price target of GBX 786.47 ($10.38).

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.