Brokerages Set Just Eat PLC (JE) PT at $746.07
Shares of Just Eat PLC (LON:JE) have been assigned an average rating of “Buy” from the seventeen ratings firms that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 746.07 ($9.64).
Several research firms have issued reports on JE. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 780 ($10.07) price objective on shares of Just Eat PLC in a report on Wednesday, August 30th. Shore Capital reissued a “buy” rating on shares of Just Eat PLC in a research note on Tuesday, July 18th. Peel Hunt reissued a “buy” rating and issued a GBX 895 ($11.56) price target on shares of Just Eat PLC in a research note on Friday, June 30th. Morgan Stanley initiated coverage on shares of Just Eat PLC in a research note on Thursday, June 22nd. They issued an “equal weight” rating on the stock. Finally, J P Morgan Chase & Co restated an “overweight” rating on shares of Just Eat PLC in a research report on Tuesday, July 18th.
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In other news, insider David Buttress sold 784,649 shares of the company’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.21), for a total transaction of £4,990,367.64 ($6,445,005.35).
Shares of Just Eat PLC (LON JE) traded down 1.22% on Tuesday, hitting GBX 685.50. 1,843,536 shares of the stock traded hands. The stock has a 50 day moving average of GBX 645.09 and a 200 day moving average of GBX 621.65. Just Eat PLC has a one year low of GBX 495.07 and a one year high of GBX 723.00. The company’s market cap is GBX 4.64 billion.
About Just Eat PLC
Just Eat plc is a United Kingdom-based operator of digital marketplace for takeaway food delivery. The Company’s segments include the UK, Australia & New Zealand, Established Markets and Developing Markets. The Established Markets includes Benelux, Canada, Denmark, France, Ireland, Norway and Switzerland.
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