Just Eat PLC (JE) Earns “Buy” Rating from Jefferies Group
JE has been the topic of a number of other reports. Citigroup Inc. reissued a buy rating on shares of Just Eat PLC in a report on Monday, June 13th. Barclays PLC lowered shares of Just Eat PLC to an equal weight rating and boosted their price objective for the company from GBX 550 ($7.18) to GBX 630 ($8.22) in a report on Thursday, August 25th. Credit Suisse Group AG began coverage on shares of Just Eat PLC in a report on Thursday, July 7th. They set an outperform rating and a GBX 560 ($7.31) price objective on the stock. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 810 ($10.57) price objective (up from GBX 780 ($10.18)) on shares of Just Eat PLC in a report on Monday, August 1st. Finally, Deutsche Bank AG began coverage on shares of Just Eat PLC in a report on Thursday, July 21st. They set a buy rating and a GBX 630 ($8.22) price objective on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of Buy and a consensus price target of GBX 601.43 ($7.85).
Shares of Just Eat PLC (LON:JE) opened at 543.375 on Tuesday. The company’s market capitalization is GBX 3.66 billion. Just Eat PLC has a 12-month low of GBX 319.60 and a 12-month high of GBX 603.85. The firm’s 50-day moving average price is GBX 560.11 and its 200-day moving average price is GBX 455.58.
About Just Eat PLC
JUST EAT plc operates a digital marketplace for takeaway food delivery. The Company’s segments include United Kingdom, Australia and New Zealand, Established Markets and Developing Markets. Established Markets includes Benelux, Canada, Denmark, France Ireland, Norway and Switzerland. Developing Markets includes Italy, Mexico and Spain.
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