Just Eat PLC (LON:JE)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank AG in a report issued on Friday. They presently have a GBX 725 ($9.06) target price on the stock. Deutsche Bank AG’s price target would suggest a potential upside of 25.32% from the stock’s current price.
A number of other analysts have also commented on JE. Barclays PLC lowered Just Eat PLC to an “equal weight” rating and lifted their price objective for the stock from GBX 550 ($6.87) to GBX 630 ($7.87) in a research report on Thursday, August 25th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 810 ($10.12) price objective (up previously from GBX 780 ($9.75)) on shares of Just Eat PLC in a research note on Monday, August 1st. Canaccord Genuity reissued a “buy” rating and set a GBX 680 ($8.50) target price on shares of Just Eat PLC in a report on Tuesday, September 20th. Jefferies Group reissued a “buy” rating on shares of Just Eat PLC in a report on Monday, October 31st. Finally, Morgan Stanley boosted their target price on Just Eat PLC from GBX 450 ($5.62) to GBX 480 ($6.00) and gave the stock an “underweight” rating in a report on Thursday, November 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Just Eat PLC has an average rating of “Buy” and a consensus price target of GBX 650.07 ($8.12).
Shares of Just Eat PLC (LON:JE) opened at 581.32 on Friday. Just Eat PLC has a 1-year low of GBX 319.60 and a 1-year high of GBX 603.85. The stock’s market capitalization is GBX 3.92 billion. The firm’s 50-day moving average is GBX 552.35 and its 200-day moving average is GBX 508.16.