UBS Group Reiterates “Buy” Rating for Just Eat (JE)

UBS Group restated their buy rating on shares of Just Eat (LON:JE) in a report issued on Thursday morning, reports. The firm currently has a GBX 930 ($12.15) price objective on the stock, down from their previous price objective of GBX 940 ($12.28).

JE has been the topic of a number of other research reports. Morgan Stanley set a GBX 780 ($10.19) target price on Just Eat and gave the company a neutral rating in a report on Monday, October 8th. JPMorgan Chase & Co. reaffirmed a sell rating on shares of Just Eat in a research report on Monday, October 8th. Credit Suisse Group increased their price target on Just Eat from GBX 920 ($12.02) to GBX 970 ($12.67) and gave the company an outperform rating in a research report on Thursday, September 6th. Royal Bank of Canada reaffirmed a top pick rating and set a GBX 950 ($12.41) price target on shares of Just Eat in a research report on Monday, October 15th. Finally, Peel Hunt reaffirmed a buy rating on shares of Just Eat in a research report on Friday, September 21st. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of GBX 853.75 ($11.16).

Shares of LON:JE opened at GBX 662.60 ($8.66) on Thursday. Just Eat has a 52-week low of GBX 544 ($7.11) and a 52-week high of GBX 906 ($11.84).

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.

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Analyst Recommendations for Just Eat (LON:JE)

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