Just Eat (JE) Earns Buy Rating from Liberum Capital

Just Eat (LON:JE)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a research note issued to investors on Monday. They presently have a GBX 880 ($11.93) price objective on the stock. Liberum Capital’s price target would indicate a potential upside of 11.39% from the stock’s previous close.

Several other equities analysts have also recently issued reports on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 895 ($12.14) price objective on shares of Just Eat in a report on Monday, October 2nd. Barclays raised Just Eat to an “overweight” rating and lifted their price objective for the stock from GBX 700 ($9.49) to GBX 1,000 ($13.56) in a report on Thursday. Macquarie reaffirmed an “outperform” rating and set a GBX 747 ($10.13) price objective on shares of Just Eat in a report on Monday, September 25th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 820 ($11.12) price objective on shares of Just Eat in a report on Tuesday, October 31st. Finally, Deutsche Bank lifted their price objective on Just Eat from GBX 760 ($10.31) to GBX 790 ($10.71) and gave the stock a “buy” rating in a report on Tuesday, October 24th. Four 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 currently has an average rating of “Buy” and an average target price of GBX 848 ($11.50).

Just Eat (LON JE) traded down GBX 8.40 ($0.11) on Monday, hitting GBX 790 ($10.71). The stock had a trading volume of 1,477,825 shares, compared to its average volume of 2,180,000. The firm has a market cap of $5,370.00 and a PE ratio of 6,583.33. Just Eat has a 1-year low of GBX 495.07 ($6.71) and a 1-year high of GBX 827 ($11.22).

In other Just Eat news, insider Frederic Coorevits sold 13,500,000 shares of the firm’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of GBX 760 ($10.31), for a total transaction of £102,600,000 ($139,137,510.17).

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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.

Analyst Recommendations for Just Eat (LON:JE)

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