Just Eat (JE) Earns “Buy” Rating from Liberum Capital
Several other brokerages have also recently weighed in on JE. Royal Bank of Canada reiterated an outperform rating and issued a GBX 950 ($12.37) price target on shares of Just Eat in a research report on Monday, June 11th. Peel Hunt reiterated a buy rating on shares of Just Eat in a research report on Tuesday, July 10th. Barclays reiterated an overweight rating on shares of Just Eat in a research report on Tuesday, July 10th. Berenberg Bank reiterated a buy rating and issued a GBX 880 ($11.46) price target on shares of Just Eat in a research report on Friday, June 22nd. Finally, JPMorgan Chase & Co. reiterated an underweight rating and issued a GBX 775 ($10.10) price target on shares of Just Eat in a research report on Tuesday, June 26th. Three research analysts have rated the stock with a sell rating, three have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of GBX 880.41 ($11.47).
LON:JE opened at GBX 672.20 ($8.76) on Friday. Just Eat has a 1 year low of GBX 544 ($7.09) and a 1 year high of GBX 906 ($11.80).
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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