Goldman Sachs Group set a GBX 1,060 ($13.85) target price on Just Eat (LON:JE) in a research report report published on Thursday morning. The brokerage currently has a buy rating on the stock.
Other research analysts have also issued research reports about the company. UBS Group reaffirmed a buy rating and set a GBX 1,020 ($13.33) price objective (down previously from GBX 1,030 ($13.46)) on shares of Just Eat in a research report on Friday, August 3rd. Peel Hunt reaffirmed a buy rating on shares of Just Eat in a research report on Tuesday, July 31st. Finally, Liberum Capital reaffirmed a buy rating on shares of Just Eat in a research report on Tuesday, July 31st. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 853.75 ($11.16).
Shares of LON:JE traded up GBX 16.60 ($0.22) during trading on Thursday, hitting GBX 662.60 ($8.66). The stock had a trading volume of 4,950,767 shares, compared to its average volume of 3,730,000. Just Eat has a 12 month low of GBX 544 ($7.11) and a 12 month high of GBX 906 ($11.84).
About Just Eat
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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