Just Eat (LON:JE)‘s stock had its “overweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday.
Several other equities analysts have also issued reports on JE. Royal Bank of Canada reaffirmed a “top pick” rating and set a GBX 950 ($12.41) price objective on shares of Just Eat in a report on Monday, October 15th. Deutsche Bank raised Just Eat to a “hold” rating and dropped their price objective for the stock from GBX 690 ($9.02) to GBX 610 ($7.97) in a report on Tuesday, October 16th. Goldman Sachs Group dropped their price objective on Just Eat from GBX 1,080 ($14.11) to GBX 1,060 ($13.85) and set a “conviction-buy” rating on the stock in a report on Thursday, October 25th. UBS Group reaffirmed a “buy” rating on shares of Just Eat in a report on Friday, October 26th. Finally, Peel Hunt lowered Just Eat to a “sell” rating and set a GBX 520 ($6.79) price objective on the stock. in a report on Monday, October 29th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 876.88 ($11.46).
Shares of JE stock opened at GBX 730.80 ($9.55) on Tuesday. Just Eat has a 1 year low of GBX 544 ($7.11) and a 1 year high of GBX 906 ($11.84).
In other news, insider Helen A. Weir sold 5,000 shares of the stock in a transaction dated Friday, November 30th. The shares were sold at an average price of GBX 589 ($7.70), for a total transaction of £29,450 ($38,481.64).
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.
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