Just Eat’s (LON:JE) Hold Rating Reaffirmed at Deutsche Bank

Just Eat (LON:JE)‘s stock had its “hold” rating reiterated by research analysts at Deutsche Bank in a report issued on Thursday, January 25th. They presently have a GBX 830 ($11.47) price target on the stock. Deutsche Bank’s target price suggests a potential upside of 0.92% from the company’s previous close.

A number of other research analysts have also weighed in on JE. Peel Hunt restated a “buy” rating and issued a GBX 895 ($12.37) target price on shares of Just Eat in a report on Monday, October 2nd. JPMorgan Chase & Co. raised their target price on Just Eat from GBX 826 ($11.41) to GBX 835 ($11.54) and gave the company an “overweight” rating in a report on Tuesday, October 3rd. Canaccord Genuity restated a “buy” rating and issued a GBX 680 ($9.39) target price on shares of Just Eat in a report on Thursday, October 12th. Numis Securities restated an “add” rating and issued a GBX 845 ($11.67) target price on shares of Just Eat in a report on Tuesday, October 31st. Finally, Berenberg Bank raised their target price on Just Eat from GBX 700 ($9.67) to GBX 850 ($11.74) and gave the company a “buy” rating in a report on Wednesday, November 1st. Five 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 a consensus target price of GBX 849.80 ($11.74).

Shares of Just Eat (JE) traded up GBX 15.60 ($0.22) during trading on Thursday, reaching GBX 822.40 ($11.36). The company’s stock had a trading volume of 2,466,126 shares, compared to its average volume of 1,960,000. Just Eat has a 12-month low of GBX 495.07 ($6.84) and a 12-month high of GBX 830.40 ($11.47). The firm has a market capitalization of $5,580.00 and a PE ratio of 6,853.33.

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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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