Just Eat (JE) Price Target Increased to GBX 967 by Analysts at JPMorgan Chase & Co.
Just Eat (LON:JE) had its price target hoisted by JPMorgan Chase & Co. from GBX 841 ($11.24) to GBX 967 ($12.93) in a note issued to investors on Thursday, November 30th. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 23.82% from the stock’s previous close.
JE has been the subject of a number of other reports. Macquarie reaffirmed an “outperform” rating and set a GBX 747 ($9.99) price objective on shares of Just Eat in a report on Monday, September 25th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 680 ($9.09) price objective on shares of Just Eat in a report on Thursday, October 12th. Deutsche Bank downgraded shares of Just Eat to a “hold” rating and lifted their price objective for the stock from GBX 790 ($10.56) to GBX 830 ($11.10) in a report on Friday, November 17th. Peel Hunt reaffirmed a “buy” rating and set a GBX 895 ($11.97) price objective on shares of Just Eat in a report on Monday, September 4th. Finally, Liberum Capital began coverage on shares of Just Eat in a report on Wednesday, November 8th. They set a “buy” rating and a GBX 880 ($11.77) price objective for the company. Five analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Just Eat has an average rating of “Buy” and a consensus price target of GBX 813.53 ($10.88).
Just Eat (JE) traded up GBX 21 ($0.28) during midday trading on Thursday, hitting GBX 781 ($10.44). 928,885 shares of the stock were exchanged, compared to its average volume of 2,360,000. Just Eat has a 52 week low of GBX 495.07 ($6.62) and a 52 week high of GBX 827 ($11.06). The company has a market cap of $5,310.00 and a P/E ratio of 6,508.33.
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Just Eat Company Profile
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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