Just Eat PLC (JE) Given “Buy” Rating at Peel Hunt
A number of other brokerages have also weighed in on JE. Macquarie restated an outperform rating and issued a GBX 730 ($9.82) price objective on shares of Just Eat PLC in a report on Monday, June 19th. Credit Suisse Group boosted their price objective on shares of Just Eat PLC from GBX 680 ($9.14) to GBX 780 ($10.49) and gave the stock an outperform rating in a report on Friday, July 28th. Shore Capital restated a buy rating on shares of Just Eat PLC in a report on Tuesday, July 18th. Citigroup Inc. restated a buy rating and issued a GBX 780 ($10.49) price objective on shares of Just Eat PLC in a report on Wednesday, August 30th. Finally, Deutsche Bank AG restated a buy rating and issued a GBX 785 ($10.56) price objective on shares of Just Eat PLC in a report on Friday, July 28th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of GBX 729.47 ($9.81).
Just Eat PLC (LON JE) opened at 672.00 on Monday. Just Eat PLC has a 12 month low of GBX 495.07 and a 12 month high of GBX 723.00. The firm has a 50-day moving average of GBX 646.78 and a 200 day moving average of GBX 625.93. The firm’s market capitalization is GBX 4.54 billion.
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In related news, insider David Buttress sold 784,649 shares of Just Eat PLC stock in a transaction on Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.55), for a total value of £4,990,367.64 ($6,711,091.50).
About Just Eat PLC
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.
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