JUST EAT PLC/ADR (JSTTY) Raised to Hold at Zacks Investment Research

JUST EAT PLC/ADR (OTCMKTS:JSTTY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday, Zacks.com reports.

According to Zacks, “Just Eat PLC provides an online and mobile market place for takeaway food. The company allows consumers to access menu of the takeaway restaurants through the JUST EAT platform. It operates primarily in the United Kingdom, Australia, Belgium, Brazil, Canada, Denmark, France, Ireland, Italy, Mexico, the Netherlands, New Zealand, Norway, Spain and Switzerland. Just Eat PLC is headquartered in London, the United Kingdom. “

JSTTY has been the topic of several other reports. JPMorgan Chase & Co. cut JUST EAT PLC/ADR from an “overweight” rating to an “underweight” rating in a research note on Wednesday, May 1st. Barclays cut JUST EAT PLC/ADR from an “overweight” rating to an “equal weight” rating in a research note on Thursday, March 7th. Finally, Morgan Stanley cut JUST EAT PLC/ADR from an “overweight” rating to an “equal weight” rating in a research note on Thursday, March 7th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. JUST EAT PLC/ADR presently has an average rating of “Hold”.

Shares of JUST EAT PLC/ADR stock opened at $4.51 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.76 and a quick ratio of 0.74. JUST EAT PLC/ADR has a 52 week low of $3.25 and a 52 week high of $6.01.

JUST EAT PLC/ADR Company Profile

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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