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).

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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.

Analyst Recommendations for Just Eat PLC (LON:JE)

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