The Just Eat PLC (JE) Stock Rating Reaffirm by Peel Hunt

The Just Eat PLC (JE) Stock Rating Reaffirm by Peel Hunt

Just Eat PLC (LON:JE)‘s stock had its “add” rating reiterated by equities research analysts at Peel Hunt in a research report issued on Wednesday. They currently have a GBX 432 ($5.40) price objective on the stock. Peel Hunt’s price objective suggests a potential downside of 25.96% from the stock’s current price.

Several other research firms also recently weighed in on JE. Goldman Sachs Group Inc. reaffirmed a “conviction-buy” rating and issued a GBX 690 ($8.62) price objective on shares of Just Eat PLC in a report on Friday, August 19th. Citigroup Inc. reissued a “buy” rating and issued a GBX 700 ($8.75) price target on shares of Just Eat PLC in a report on Wednesday, August 10th. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 640 ($8.00) price target on shares of Just Eat PLC in a report on Tuesday, August 9th. Barclays PLC downgraded shares of Just Eat PLC to an “equal weight” rating and upped their price target for the company from GBX 550 ($6.87) to GBX 630 ($7.87) in a report on Thursday, August 25th. Finally, Deutsche Bank AG reissued a “buy” rating and issued a GBX 725 ($9.06) price target on shares of Just Eat PLC in a report on Tuesday, October 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Just Eat PLC has a consensus rating of “Buy” and an average price target of GBX 650.07 ($8.12).

Shares of Just Eat PLC (LON:JE) traded up 0.86% during midday trading on Wednesday, reaching GBX 584.11. 3,310,047 shares of the company traded hands. The company’s 50 day moving average is GBX 553.04 and its 200-day moving average is GBX 509.00. The stock’s market capitalization is GBX 3.93 billion. Just Eat PLC has a 12 month low of GBX 319.60 and a 12 month high of GBX 603.85.

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