Just Eat (JE) Given Sell Rating at Peel Hunt
Peel Hunt reaffirmed their sell rating on shares of Just Eat (LON:JE) in a report released on Tuesday, ThisIsMoney.Co.Uk reports.
Several other research firms have also recently commented on JE. Barclays cut Just Eat to an equal weight rating and set a GBX 785 ($10.26) price target on the stock. in a research note on Thursday, March 7th. Deutsche Bank reiterated a hold rating and issued a GBX 700 ($9.15) price target on shares of Just Eat in a research note on Wednesday, April 3rd. Jefferies Financial Group reiterated a buy rating and issued a GBX 1,050 ($13.72) price target on shares of Just Eat in a research note on Wednesday, March 6th. Canaccord Genuity reiterated a hold rating and issued a GBX 650 ($8.49) price target on shares of Just Eat in a research note on Wednesday, March 6th. Finally, BNP Paribas upgraded Just Eat to a neutral rating and set a GBX 780 ($10.19) price target on the stock in a research note on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of GBX 880.93 ($11.51).
LON:JE opened at GBX 716.60 ($9.36) on Tuesday. The company has a debt-to-equity ratio of 12.81, a quick ratio of 0.69 and a current ratio of 0.76. Just Eat has a one year low of GBX 519.20 ($6.78) and a one year high of GBX 889.40 ($11.62). The stock has a market capitalization of $4.88 billion and a P/E ratio of 59.22.
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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