Just Eat (JE) Price Target Raised to GBX 880

Just Eat (LON:JE) had its price target upped by Berenberg Bank from GBX 840 ($11.72) to GBX 880 ($12.27) in a research report released on Wednesday morning. Berenberg Bank currently has a buy rating on the stock.

A number of other research firms have also issued reports on JE. Peel Hunt dropped their price objective on shares of Just Eat from GBX 1,199 ($16.72) to GBX 950 ($13.25) and set a buy rating on the stock in a research note on Monday, March 19th. JPMorgan Chase reiterated an overweight rating on shares of Just Eat in a research note on Thursday, April 5th. Barclays reiterated an overweight rating and set a GBX 1,000 ($13.95) price objective on shares of Just Eat in a research note on Wednesday, March 7th. Liberum Capital lifted their price target on shares of Just Eat from GBX 880 ($12.27) to GBX 935 ($13.04) and gave the stock a buy rating in a research note on Thursday, February 1st. Finally, Numis Securities restated an add rating and issued a GBX 948 ($13.22) price target on shares of Just Eat in a research note on Monday, January 15th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Just Eat has a consensus rating of Buy and a consensus price target of GBX 856 ($11.94).

Shares of JE traded down GBX 1.80 ($0.03) during mid-day trading on Wednesday, reaching GBX 794.80 ($11.09). 4,613,349 shares of the stock traded hands, compared to its average volume of 3,730,000. Just Eat has a 12-month low of GBX 544 ($7.59) and a 12-month high of GBX 906 ($12.64).

Just Eat Company Profile

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.

Analyst Recommendations for Just Eat (LON:JE)

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