Today: The Panmure Gordon Reiterates Buy Rating for Just Eat PLC (JE)

The Panmure Gordon Reiterates Buy Rating for Just Eat PLC (JE)

Just Eat PLC (LON:JE)‘s stock had its “buy” rating restated by Panmure Gordon in a report released on Wednesday. They presently have a GBX 734 ($9.17) price objective on the stock. Panmure Gordon’s price objective suggests a potential upside of 25.79% from the company’s previous close.

Other analysts have also issued reports about the company. Peel Hunt restated an “add” rating on shares of Just Eat PLC in a research note on Friday, August 5th. Deutsche Bank AG raised their target price on Just Eat PLC from GBX 630 ($7.87) to GBX 725 ($9.06) and gave the company a “buy” rating in a research note on Friday, July 29th. Canaccord Genuity restated a “buy” rating and issued a GBX 625 ($7.81) target price on shares of Just Eat PLC in a research note on Thursday, July 28th. Jefferies Group restated a “buy” rating and issued a GBX 550 ($6.87) target price on shares of Just Eat PLC in a research note on Monday, July 25th. Finally, Citigroup Inc. restated a “buy” rating and issued a GBX 700 ($8.75) target price on shares of Just Eat PLC in a research note on Wednesday, August 10th. One 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 issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 650.07 ($8.12).

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

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