Just Eat (JE) Hits New 1-Year Low at $532.40
Just Eat PLC (LON:JE)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 532.40 ($6.96) and last traded at GBX 533.80 ($6.98), with a volume of 2389844 shares traded. The stock had previously closed at GBX 561 ($7.33).
A number of brokerages recently issued reports on JE. Peel Hunt reiterated a “buy” rating on shares of Just Eat in a report on Tuesday, July 31st. Liberum Capital reiterated a “buy” rating on shares of Just Eat in a report on Tuesday, July 31st. UBS Group reiterated a “buy” rating and issued a GBX 1,020 ($13.33) target price (down from GBX 1,030 ($13.46)) on shares of Just Eat in a report on Friday, August 3rd. Deutsche Bank reiterated a “sell” rating on shares of Just Eat in a report on Wednesday, August 1st. Finally, Barclays reiterated an “overweight” rating on shares of Just Eat in a report on Wednesday, August 1st. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 856.47 ($11.19).
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About Just Eat (LON:JE)
Just Eat plc, together with its subsidiaries, operates digital marketplace for takeaway food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 21.5 million customers and 82,300 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Norway, Switzerland, Italy, Mexico, and Spain.
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