Morgan Stanley Raises Just Eat (JE) Price Target to GBX 790

Just Eat (LON:JE) had its price target hoisted by Morgan Stanley from GBX 760 ($10.67) to GBX 790 ($11.09) in a research report released on Monday. Morgan Stanley currently has an equal weight rating on the stock.

A number of other analysts have also recently weighed in on the stock. Deutsche Bank reissued a hold rating and set a GBX 830 ($11.66) price objective on shares of Just Eat in a report on Thursday, January 25th. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 967 ($13.58) price objective on shares of Just Eat in a report on Thursday, January 18th. Numis Securities reissued an add rating and set a GBX 948 ($13.31) price objective on shares of Just Eat in a report on Monday, January 15th. Liberum Capital restated a buy rating and set a GBX 880 ($12.36) target price on shares of Just Eat in a research report on Monday, January 15th. Finally, Barclays upgraded shares of Just Eat to an overweight rating and raised their target price for the stock from GBX 700 ($9.83) to GBX 1,000 ($14.04) in a research report on Thursday, January 11th. Five research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Just Eat presently has an average rating of Buy and a consensus target price of GBX 846.13 ($11.88).

Shares of Just Eat (JE) opened at GBX 815.20 ($11.45) on Monday. Just Eat has a 1-year low of GBX 495.07 ($6.95) and a 1-year high of GBX 830.40 ($11.66). The firm has a market cap of $5,540.00 and a P/E ratio of 6,793.33.

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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.

Analyst Recommendations for Just Eat (LON:JE)

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