Just Eat PLC (JE) PT Raised to GBX 850 at Berenberg Bank

Just Eat PLC (LON:JE) had its target price hoisted by Berenberg Bank from GBX 700 ($9.21) to GBX 850 ($11.18) in a report released on Wednesday, November 1st. The firm currently has a buy rating on the stock.

A number of other research analysts have also recently commented on JE. Macquarie restated an outperform rating and set a GBX 730 ($9.60) price target on shares of Just Eat PLC in a research note on Thursday, July 6th. J P Morgan Chase & Co reaffirmed an overweight rating on shares of Just Eat PLC in a research report on Friday, July 7th. Shore Capital reaffirmed a buy rating on shares of Just Eat PLC in a research report on Tuesday, July 18th. Peel Hunt reaffirmed a buy rating and set a GBX 895 ($11.77) price objective on shares of Just Eat PLC in a research report on Thursday, July 20th. Finally, Deutsche Bank AG reissued a buy rating and issued a GBX 785 ($10.32) target price on shares of Just Eat PLC in a report on Friday, July 28th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of GBX 801.80 ($10.55).

Just Eat PLC (LON JE) traded down GBX 24 ($0.32) during trading hours on Wednesday, reaching GBX 787 ($10.35). The company’s stock had a trading volume of 2,320,000 shares, compared to its average volume of 3,380,000. Just Eat PLC has a one year low of GBX 495.07 ($6.51) and a one year high of GBX 821 ($10.80).

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In other news, insider Frederic Coorevits sold 13,500,000 shares of Just Eat PLC stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of GBX 760 ($10.00), for a total transaction of £102,600,000 ($134,946,731.55). Also, insider David Buttress sold 784,649 shares of Just Eat PLC stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.37), for a total transaction of £4,990,367.64 ($6,563,682.28).

Just Eat PLC 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 PLC (LON:JE)

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