Just Eat PLC (OTCMKTS:JSTLF) Receives Average Rating of “Hold” from Brokerages
Shares of Just Eat PLC (OTCMKTS:JSTLF) have been given a consensus rating of “Hold” by the eight brokerages that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $11.50.
Several equities analysts have recently issued reports on JSTLF shares. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Just Eat in a research report on Wednesday, May 1st. Jefferies Financial Group reissued a “buy” rating and issued a $11.50 target price on shares of Just Eat in a report on Thursday, July 4th.
Shares of JSTLF remained flat at $$8.82 during mid-day trading on Wednesday. 400 shares of the stock traded hands, compared to its average volume of 4,624. Just Eat has a 12-month low of $7.04 and a 12-month high of $10.15. The firm’s fifty day simple moving average is $8.33 and its 200 day simple moving average is $8.80.
Just Eat plc, together with its subsidiaries, operates a hybrid marketplace for online food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 26 million customers and 100,000 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Italy, Mexico, Norway, Spain, Switzerland, and Brazil.
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