Just Eat (LON:JE) had its price target increased by stock analysts at Royal Bank of Canada from GBX 760 ($10.67) to GBX 790 ($11.09) in a research report issued to clients and investors on Monday. The firm currently has an “equal weight” rating on the stock. Royal Bank of Canada’s price target would suggest a potential downside of 2.54% from the stock’s previous close.

Several other analysts have also recently issued reports on JE. Morgan Stanley increased their price objective on Just Eat from GBX 760 ($10.67) to GBX 790 ($11.09) and gave the company an “equal weight” rating in a research note on Monday. Peel Hunt reissued a “buy” rating and issued a GBX 895 ($12.57) target price on shares of Just Eat in a report on Monday, October 2nd. Numis Securities reissued an “add” rating and issued a GBX 948 ($13.31) target price on shares of Just Eat in a report on Monday, January 15th. Deutsche Bank reissued a “hold” rating and issued a GBX 830 ($11.66) target price on shares of Just Eat in a report on Thursday, January 25th. Finally, Barclays reissued an “equal weight” rating on shares of Just Eat in a report on Wednesday, November 1st. Five analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Just Eat presently has a consensus rating of “Buy” and a consensus target price of GBX 846.13 ($11.88).

Shares of Just Eat (JE) opened at GBX 810.60 ($11.38) on Monday. The stock has a market capitalization of $5,510.00 and a price-to-earnings ratio of 6,755.00. Just Eat has a 52 week low of GBX 495.07 ($6.95) and a 52 week high of GBX 830.40 ($11.66).

In other Just Eat news, insider Frederic Coorevits sold 13,500,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of GBX 760 ($10.67), for a total transaction of £102,600,000 ($144,080,887.52).

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Just Eat Company Profile

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.

Analyst Recommendations for Just Eat (LON:JE)

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