Just Eat PLC (JE) Rating Reiterated by Citigroup Inc.
Just Eat PLC (LON:JE)‘s stock had its “buy” rating reissued by analysts at Citigroup Inc. in a research note issued on Wednesday. They presently have a GBX 780 ($10.09) price target on the stock. Citigroup Inc.’s price objective points to a potential upside of 17.12% from the company’s previous close.
A number of other brokerages have also issued reports on JE. Macquarie reaffirmed an “outperform” rating and set a GBX 730 ($9.44) price target on shares of Just Eat PLC in a research note on Monday, June 19th. Peel Hunt started coverage on Just Eat PLC in a research note on Wednesday, May 31st. They set a “buy” rating and a GBX 895 ($11.58) price target for the company. Credit Suisse Group increased their price target on Just Eat PLC from GBX 680 ($8.79) to GBX 780 ($10.09) and gave the company an “outperform” rating in a research note on Friday, July 28th. Shore Capital reaffirmed a “buy” rating on shares of Just Eat PLC in a research note on Tuesday, July 18th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 785 ($10.15) price target on shares of Just Eat PLC in a research note on Friday, July 28th. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of GBX 720 ($9.31).
Just Eat PLC (JE) opened at 666.00 on Wednesday. The firm’s market capitalization is GBX 4.50 billion. Just Eat PLC has a one year low of GBX 495.07 and a one year high of GBX 723.00. The company’s 50-day moving average price is GBX 652.17 and its 200 day moving average price is GBX 605.93.
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In other news, insider David Buttress sold 784,649 shares of the stock in a transaction on Thursday, August 24th. The stock was sold at an average price of GBX 636 ($8.23), for a total value of £4,990,367.64 ($6,454,174.39).
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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