Just Eat PLC (LON:JE) had its price objective upped by stock analysts at Berenberg Bank from GBX 660 ($8.59) to GBX 700 ($9.12) in a research note issued on Friday. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 16.47% from the company’s current price.

Several other research firms have also recently issued reports on JE. Peel Hunt reiterated a “buy” rating and set a GBX 895 ($11.66) target price on shares of Just Eat PLC in a research report on Thursday, July 27th. J P Morgan Chase & Co reiterated an “overweight” rating on shares of Just Eat PLC in a research report on Tuesday, July 18th. Shore Capital reiterated a “buy” rating on shares of Just Eat PLC in a research report on Tuesday, July 18th. Morgan Stanley started coverage on Just Eat PLC in a report on Thursday, June 22nd. They issued an “equal weight” rating on the stock. Finally, Macquarie upped their price target on Just Eat PLC from GBX 670 ($8.73) to GBX 730 ($9.51) and gave the stock an “outperform” rating in a report on Thursday, June 8th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Just Eat PLC presently has an average rating of “Buy” and an average target price of GBX 720 ($9.38).

Shares of Just Eat PLC (JE) opened at 605.00 on Friday. Just Eat PLC has a one year low of GBX 495.07 and a one year high of GBX 723.00. The firm’s market capitalization is GBX 4.09 billion. The firm has a 50-day moving average price of GBX 663.93 and a 200 day moving average price of GBX 599.09.

WARNING: This piece was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece on another publication, it was stolen and republished in violation of US and international copyright law. The correct version of this piece can be read at https://www.watchlistnews.com/just-eat-plc-lonje-pt-raised-to-gbx-700-at-berenberg-bank/1471449.html.

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)

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.