Deutsche Bank Reiterates “Hold” Rating for JUST EAT (JE)

JUST EAT (LON:JE)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a research note issued to investors on Monday, December 4th. They currently have a GBX 830 ($11.17) price objective on the stock. Deutsche Bank’s target price would suggest a potential upside of 6.41% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Numis Securities reaffirmed an “add” rating and set a GBX 845 ($11.37) price objective on shares of JUST EAT in a report on Tuesday, October 31st. Peel Hunt reiterated a “buy” rating and issued a GBX 895 ($12.05) target price on shares of JUST EAT in a research report on Friday, October 13th. Citigroup reiterated a “buy” rating and issued a GBX 780 ($10.50) target price on shares of JUST EAT in a research report on Wednesday, August 30th. Berenberg Bank increased their target price on shares of JUST EAT from GBX 660 ($8.88) to GBX 700 ($9.42) and gave the company a “buy” rating in a research report on Friday, August 11th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a GBX 680 ($9.15) target price on shares of JUST EAT in a research report on Thursday, October 12th. Five equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 813.53 ($10.95).

JUST EAT (LON:JE) opened at GBX 780 ($10.50) on Monday. JUST EAT has a 52-week low of GBX 495.07 ($6.66) and a 52-week high of GBX 827 ($11.13).

In related news, insider Frederic Coorevits sold 13,500,000 shares of the firm’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 transaction 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.

Analyst Recommendations for JUST EAT (LON:JE)

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