Just Eat’s (JE) Add Rating Reiterated at Numis Securities
A number of other brokerages have also weighed in on JE. Deutsche Bank reiterated a buy rating and issued a GBX 830 ($11.26) price objective on shares of Just Eat in a report on Tuesday, November 7th. JPMorgan Chase & Co. lifted their price objective on shares of Just Eat from GBX 841 ($11.40) to GBX 967 ($13.11) and gave the company an overweight rating in a report on Thursday, November 30th. Peel Hunt reiterated a buy rating and issued a GBX 895 ($12.14) price objective on shares of Just Eat in a report on Wednesday, January 3rd. Goldman Sachs Group reiterated a conviction-buy rating and issued a GBX 920 ($12.48) price objective on shares of Just Eat in a report on Friday, November 24th. Finally, Liberum Capital began coverage on shares of Just Eat in a report on Wednesday, November 8th. They issued a buy rating and a GBX 880 ($11.93) price objective on the stock. 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. The company presently has an average rating of Buy and an average price target of GBX 848 ($11.50).
Shares of Just Eat (LON JE) traded up GBX 6.80 ($0.09) on Monday, reaching GBX 801.80 ($10.87). 2,262,435 shares of the company’s stock were exchanged, compared to its average volume of 2,040,000. Just Eat has a 1 year low of GBX 495.07 ($6.71) and a 1 year high of GBX 827 ($11.22). The company has a market capitalization of $5,450.00 and a price-to-earnings ratio of 6,681.67.
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About Just Eat
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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