Just Eat Takeaway.com (LON:JET) PT Raised to GBX 9,100
Just Eat Takeaway.com (LON:JET) had its target price lifted by stock analysts at UBS Group to GBX 9,100 ($119.71) in a research report issued on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target indicates a potential upside of 18.18% from the company’s current price.
Separately, JPMorgan Chase & Co. set a £105 ($138.12) price target on Just Eat Takeaway.com and gave the company a “buy” rating in a report on Thursday.
Shares of LON JET traded down GBX 265 ($3.49) during trading on Thursday, reaching GBX 7,700 ($101.29). The stock had a trading volume of 154,290 shares. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 21.01.
Just Eat Takeaway.com N.V. operates an online food delivery marketplace that connects consumers and restaurants through its Websites and apps in ten European countries. Its business relies on participating restaurants to deliver food themselves, with the Takeaway.com platform serving as a source of orders for restaurants and facilitating online payment processes.
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