Just Eat PLC (JE) Stock Rating Reaffirmed by Deutsche Bank AG
Deutsche Bank AG restated their buy rating on shares of Just Eat PLC (LON:JE) in a research note issued to investors on Friday, Marketbeat.com reports. The brokerage currently has a GBX 760 ($10.10) target price on the stock.
Several other equities research analysts also recently weighed in on JE. Macquarie reaffirmed an outperform rating and issued a GBX 730 ($9.70) target price on shares of Just Eat PLC in a research report on Monday, June 19th. Peel Hunt reaffirmed a buy rating and issued a GBX 895 ($11.89) target price on shares of Just Eat PLC in a research report on Monday, June 19th. Morgan Stanley initiated coverage on Just Eat PLC in a research report on Thursday, June 22nd. They issued an equal weight rating for the company. J P Morgan Chase & Co reaffirmed an overweight rating on shares of Just Eat PLC in a research report on Friday, July 7th. Finally, Shore Capital reaffirmed a buy rating on shares of Just Eat PLC in a research report on Tuesday, July 18th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of Buy and an average price target of GBX 730.07 ($9.70).
Just Eat PLC (LON JE) opened at 720.50 on Friday. The firm’s market cap is GBX 4.87 billion. Just Eat PLC has a 1-year low of GBX 495.07 and a 1-year high of GBX 758.50. The company’s 50-day moving average price is GBX 684.19 and its 200 day moving average price is GBX 642.84.
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In related news, insider David Buttress sold 784,649 shares of the business’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of GBX 636 ($8.45), for a total value of £4,990,367.64 ($6,630,836.62).
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.
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