Just Eat PLC (JE) Given Average Recommendation of “Buy” by Analysts
Shares of Just Eat PLC (LON:JE) have been given an average rating of “Buy” by the sixteen brokerages that are presently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 821.64 ($11.06).
A number of research analysts have recently commented on JE shares. Deutsche Bank increased their price target on Just Eat from GBX 790 ($10.63) to GBX 830 ($11.17) and gave the company a “buy” rating in a research note on Wednesday, November 1st. J P Morgan Chase & Co increased their price target on Just Eat from GBX 826 ($11.12) to GBX 835 ($11.24) and gave the company an “overweight” rating in a research note on Tuesday, October 3rd. Numis Securities reiterated an “add” rating and issued a GBX 845 ($11.37) price target on shares of Just Eat in a research note on Tuesday, October 31st. Credit Suisse Group increased their price target on Just Eat from GBX 825 ($11.10) to GBX 870 ($11.71) and gave the company an “outperform” rating in a research note on Wednesday, November 1st. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 895 ($12.05) price target on shares of Just Eat in a research note on Thursday, November 16th.
In other 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 ($10.23), for a total value of £102,600,000 ($138,088,829.07).
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.
Receive News & Ratings for Just Eat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Eat and related companies with MarketBeat.com's FREE daily email newsletter.