Just Eat (LON:JE)‘s stock had its “sell” rating reaffirmed by JPMorgan Chase & Co. in a report released on Monday.
A number of other research analysts also recently weighed in on the company. UBS Group reaffirmed a “buy” rating and set a GBX 940 ($12.24) price target (down from GBX 1,020 ($13.29)) on shares of Just Eat in a research note on Friday. Peel Hunt reaffirmed a “buy” rating on shares of Just Eat in a research note on Monday, October 1st. Deutsche Bank set a GBX 690 ($8.99) price target on Just Eat and gave the stock a “sell” rating in a research note on Monday, September 24th. Goldman Sachs Group set a GBX 1,080 ($14.07) price target on Just Eat and gave the stock a “buy” rating in a research note on Friday, September 21st. Finally, Liberum Capital reaffirmed a “buy” rating on shares of Just Eat in a research note on Friday, September 21st. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Just Eat has a consensus rating of “Buy” and an average target price of GBX 887.50 ($11.56).
Shares of LON:JE opened at GBX 640 ($8.34) on Monday. Just Eat has a 1 year low of GBX 544 ($7.09) and a 1 year high of GBX 906 ($11.80).
In related news, insider Michael (Mike) Evans acquired 6,238 shares of the firm’s stock in a transaction on Tuesday, July 31st. The stock was purchased at an average cost of GBX 801 ($10.43) per share, with a total value of £49,966.38 ($65,085.81).
Just Eat Company Profile
Just Eat plc, together with its subsidiaries, operates digital marketplace for takeaway food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 21.5 million customers and 82,300 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Norway, Switzerland, Italy, Mexico, and Spain.
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