Just Eat (LON:JE) Price Target Raised to GBX 1,030 at Royal Bank of Canada
Just Eat (LON:JE) had its target price upped by Royal Bank of Canada from GBX 810 ($10.66) to GBX 1,030 ($13.55) in a research note published on Friday morning, Borsen Zeitung reports. The brokerage currently has an outperform rating on the stock.
JE has been the subject of several other reports. Credit Suisse Group dropped their price target on Just Eat from GBX 970 ($12.76) to GBX 935 ($12.30) and set an outperform rating for the company in a research note on Tuesday, October 22nd. Deutsche Bank lowered their target price on shares of Just Eat from GBX 750 ($9.87) to GBX 670 ($8.81) and set a hold rating on the stock in a report on Tuesday, October 22nd. HSBC set a GBX 980 ($12.89) target price on shares of Just Eat and gave the stock a buy rating in a research report on Wednesday, January 1st. Canaccord Genuity cut shares of Just Eat to a hold rating and set a GBX 750 ($9.87) target price for the company. in a research note on Friday, November 1st. Finally, Liberum Capital reiterated a buy rating on shares of Just Eat in a report on Monday, January 13th. One analyst has rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 783.63 ($10.31).
Shares of JE opened at GBX 882 ($11.60) on Friday. The business’s 50 day moving average is GBX 829.15 and its 200 day moving average is GBX 734.47. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 29.47. Just Eat has a 12-month low of GBX 574.40 ($7.56) and a 12-month high of GBX 8,150 ($107.21). The company has a market capitalization of $6.02 billion and a PE ratio of 152.07.
Just Eat plc, together with its subsidiaries, operates a hybrid marketplace for online food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 26 million customers and 100,000 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Italy, Mexico, Norway, Spain, Switzerland, and Brazil.
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