Just Eat PLC (JE) Stock Rating Lowered by Deutsche Bank AG
Just Eat PLC (LON:JE) was downgraded by stock analysts at Deutsche Bank AG to a “hold” rating in a report issued on Friday. They presently have a GBX 830 ($10.92) price target on the stock, up from their previous price target of GBX 790 ($10.39). Deutsche Bank AG’s target price suggests a potential upside of 3.43% from the stock’s current price.
JE has been the subject of a number of other research reports. J P Morgan Chase & Co raised their price target on Just Eat PLC from GBX 824 ($10.84) to GBX 826 ($10.86) and gave the stock an “overweight” rating in a research note on Friday, July 28th. Macquarie reaffirmed an “outperform” rating and issued a GBX 747 ($9.83) price target on shares of Just Eat PLC in a research note on Monday, September 25th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 680 ($8.94) price target on shares of Just Eat PLC in a research note on Thursday, October 12th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 895 ($11.77) price target on shares of Just Eat PLC in a research note on Thursday, July 20th. Finally, Liberum Capital began coverage on Just Eat PLC in a research note on Wednesday, November 8th. They issued a “buy” rating and a GBX 880 ($11.57) price target for the company. Five equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Just Eat PLC currently has a consensus rating of “Buy” and an average target price of GBX 801.80 ($10.55).
Shares of Just Eat PLC (JE) opened at GBX 802.50 ($10.56) on Friday. Just Eat PLC has a 52 week low of GBX 495.07 ($6.51) and a 52 week high of GBX 821 ($10.80).
WARNING: “Just Eat PLC (JE) Stock Rating Lowered by Deutsche Bank AG” was originally published by Watch List News and is the property of of Watch List News. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://www.watchlistnews.com/just-eat-plc-je-stock-rating-lowered-by-deutsche-bank-ag/1712890.html.
In other news, insider David Buttress sold 784,649 shares of the firm’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of GBX 636 ($8.37), for a total transaction of £4,990,367.64 ($6,563,682.28). Also, insider Frederic Coorevits sold 13,500,000 shares of the firm’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of GBX 760 ($10.00), for a total value of £102,600,000 ($134,946,731.55).
Just Eat PLC 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 PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Eat PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.