Canaccord Genuity Reiterates Buy Rating for Just Eat PLC (JE)
Just Eat PLC (LON:JE)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a research note issued to investors on Tuesday. They currently have a GBX 680 ($8.88) price target on the stock. Canaccord Genuity’s target price would suggest a potential upside of 25.93% from the company’s previous close.
JE has been the subject of a number of other reports. Jefferies Group reissued a “buy” rating on shares of Just Eat PLC in a research report on Tuesday. Bank of America Corp. reissued a “buy” rating and set a GBX 640 ($8.35) price target on shares of Just Eat PLC in a research report on Friday, September 2nd. Barclays PLC cut shares of Just Eat PLC to an “equal weight” rating and lifted their price target for the company from GBX 550 ($7.18) to GBX 630 ($8.22) in a research report on Thursday, August 25th. Goldman Sachs Group Inc. reissued a “conviction-buy” rating and set a GBX 690 ($9.01) price target on shares of Just Eat PLC in a research report on Friday, August 19th. Finally, Citigroup Inc. reissued a “buy” rating and set a GBX 700 ($9.14) price target on shares of Just Eat PLC in a research report on Wednesday, August 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Just Eat PLC currently has an average rating of “Buy” and a consensus price target of GBX 594.79 ($7.76).
Shares of Just Eat PLC (LON:JE) opened at 539.00 on Tuesday. The company’s market capitalization is GBX 3.63 billion. The firm has a 50-day moving average of GBX 560.19 and a 200-day moving average of GBX 455.02. Just Eat PLC has a 12 month low of GBX 319.60 and a 12 month high of GBX 603.85.
Just Eat PLC Company Profile
JUST EAT plc operates a digital marketplace for takeaway food delivery. The Company’s segments include United Kingdom, Australia and New Zealand, Established Markets and Developing Markets. Established Markets includes Benelux, Canada, Denmark, France Ireland, Norway and Switzerland. Developing Markets includes Italy, Mexico and Spain.
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