GrubHub Inc. (NYSE:GRUB) has been given an average rating of “Buy” by the twenty-four brokerages that are presently covering the company. Twelve analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $34.27.
A number of brokerages recently weighed in on GRUB. Maxim Group downgraded GrubHub from a “buy” rating to a “hold” rating in a research report on Friday, July 29th. Jefferies Group assumed coverage on GrubHub in a report on Tuesday, August 16th. They issued a “hold” rating for the company. Stifel Nicolaus raised their price target on GrubHub from $32.00 to $45.00 and gave the stock a “buy” rating in a report on Friday, July 29th. Vetr raised GrubHub from a “sell” rating to a “hold” rating and set a $37.67 price target for the company in a report on Thursday, August 4th. Finally, Wedbush raised their price target on GrubHub from $40.00 to $47.00 and gave the stock an “outperform” rating in a report on Friday, July 29th.
Hedge funds have recently bought and sold shares of the stock. State Street Corp boosted its stake in GrubHub by 3.1% in the first quarter. State Street Corp now owns 1,251,105 shares of the company’s stock worth $31,440,000 after buying an additional 37,963 shares during the period. Geode Capital Management LLC raised its stake in shares of GrubHub by 3.6% in the first quarter. Geode Capital Management LLC now owns 511,586 shares of the company’s stock worth $12,856,000 after buying an additional 17,942 shares in the last quarter. Barclays PLC raised its stake in shares of GrubHub by 3.2% in the first quarter. Barclays PLC now owns 87,800 shares of the company’s stock worth $2,196,000 after buying an additional 2,752 shares in the last quarter. Finally, Logan Capital Management Inc. raised its stake in shares of GrubHub by 42.4% in the first quarter. Logan Capital Management Inc. now owns 16,111 shares of the company’s stock worth $405,000 after buying an additional 4,800 shares in the last quarter.
GrubHub (NYSE:GRUB) opened at 37.58 on Monday. GrubHub has a 52 week low of $17.77 and a 52 week high of $44.58. The company has a market capitalization of $3.22 billion, a P/E ratio of 68.33 and a beta of 1.94. The company’s 50 day moving average price is $38.94 and its 200-day moving average price is $35.22.