J P Morgan Chase & Co restated their overweight rating on shares of JUST EAT (LON:JE) in a research report released on Friday. J P Morgan Chase & Co currently has a GBX 967 ($13.01) price target on the stock.
A number of other equities analysts have also recently commented on the stock. Peel Hunt reaffirmed a buy rating and issued a GBX 895 ($12.05) target price on shares of JUST EAT in a report on Monday, September 4th. Credit Suisse Group lifted their target price on shares of JUST EAT from GBX 780 ($10.50) to GBX 825 ($11.10) and gave the company an outperform rating in a report on Friday, September 8th. Deutsche Bank reaffirmed a buy rating and issued a GBX 830 ($11.17) target price on shares of JUST EAT in a report on Tuesday, November 7th. Citigroup reiterated a buy rating and issued a GBX 780 ($10.50) price objective on shares of JUST EAT in a research report on Wednesday, August 30th. Finally, Liberum Capital started coverage on shares of JUST EAT in a research report on Wednesday, November 8th. They issued a buy rating and a GBX 880 ($11.84) price objective on the stock. Five research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 813.53 ($10.95).
JUST EAT (LON JE) traded down GBX 4 ($0.05) during mid-day trading on Friday, reaching GBX 772 ($10.39). 13,007,445 shares of the company’s stock were exchanged, compared to its average volume of 2,600,000. JUST EAT has a 12 month low of GBX 495.07 ($6.66) and a 12 month high of GBX 827 ($11.13).
In related news, insider Frederic Coorevits sold 13,500,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of GBX 760 ($10.23), for a total value of £102,600,000 ($138,088,829.07).
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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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