Just Eat’s (JE) Hold Rating Reaffirmed at Deutsche Bank

Just Eat (LON:JE)‘s stock had its “hold” rating reiterated by research analysts at Deutsche Bank in a research note issued to investors on Thursday. They currently have a GBX 830 ($11.26) price target on the stock. Deutsche Bank’s price target indicates a potential upside of 1.29% from the company’s previous close.

JE has been the subject of a number of other research reports. JPMorgan Chase & Co. reduced their price objective on Just Eat from GBX 835 ($11.32) to GBX 834 ($11.31) and set an “overweight” rating on the stock in a research note on Tuesday, October 24th. Canaccord Genuity restated a “buy” rating and set a GBX 680 ($9.22) price objective on shares of Just Eat in a research note on Thursday, October 12th. Liberum Capital began coverage on Just Eat in a research note on Wednesday, November 8th. They set a “buy” rating and a GBX 880 ($11.93) price objective on the stock. Peel Hunt restated a “buy” rating and set a GBX 895 ($12.14) price objective on shares of Just Eat in a research note on Friday, November 24th. Finally, Barclays upgraded Just Eat to an “overweight” rating and raised their price objective for the stock from GBX 700 ($9.49) to GBX 1,000 ($13.56) in a research note on Thursday, January 11th. Four analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of GBX 848 ($11.50).

Shares of Just Eat (LON:JE) opened at GBX 819.40 ($11.11) on Thursday. Just Eat has a 1 year low of GBX 495.07 ($6.71) and a 1 year high of GBX 830.40 ($11.26). The stock has a market cap of $5,570.00 and a P/E ratio of 6,828.33.

In related news, insider Frederic Coorevits sold 13,500,000 shares of Just Eat stock in a transaction dated 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).

COPYRIGHT VIOLATION WARNING: This news story was first published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States & international copyright and trademark law. The legal version of this news story can be accessed at https://www.americanbankingnews.com/2018/01/28/just-eats-je-hold-rating-reaffirmed-at-deutsche-bank.html.

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)

Receive News & Ratings for Just Eat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Eat and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply