JUST EAT plc (JE) Given Consensus Rating of “Buy” by Analysts
Shares of JUST EAT plc (LON:JE) have been given an average rating of “Buy” by the seventeen brokerages that are covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 810.46 ($10.66).
Several brokerages have commented on JE. Deutsche Bank AG decreased their price target on shares of JUST EAT from GBX 785 ($10.32) to GBX 760 ($10.00) and set a “buy” rating on the stock in a research note on Tuesday, August 8th. Berenberg Bank boosted their price target on shares of JUST EAT from GBX 660 ($8.68) to GBX 700 ($9.21) and gave the stock a “buy” rating in a research note on Friday, August 11th. Citigroup Inc. reiterated a “buy” rating and issued a GBX 780 ($10.26) price target on shares of JUST EAT in a research note on Wednesday, August 30th. Peel Hunt reiterated a “buy” rating and issued a GBX 895 ($11.77) price target on shares of JUST EAT in a research note on Monday, September 4th. Finally, Credit Suisse Group boosted their price target on shares of JUST EAT from GBX 780 ($10.26) to GBX 825 ($10.85) and gave the stock an “outperform” rating in a research note on Friday, September 8th.
Shares of JUST EAT (LON:JE) traded up GBX 0.16 ($0.00) during trading on Friday, reaching GBX 819.16 ($10.77). 1,470,000 shares of the company traded hands, compared to its average volume of 3,610,000. JUST EAT has a one year low of GBX 495.07 ($6.51) and a one year high of GBX 827 ($10.88).
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About JUST EAT
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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