Just Eat PLC (JE) Earns “Add” Rating from Numis Securities Ltd

Numis Securities Ltd reaffirmed their add rating on shares of Just Eat PLC (LON:JE) in a research report released on Tuesday. Numis Securities Ltd currently has a GBX 845 ($11.15) price target on the stock.

A number of other equities analysts also recently commented on the stock. Peel Hunt reaffirmed a buy rating and set a GBX 895 ($11.81) price objective on shares of Just Eat PLC in a report on Thursday, July 20th. Macquarie reaffirmed an outperform rating and set a GBX 730 ($9.63) price objective on shares of Just Eat PLC in a report on Thursday, July 6th. J P Morgan Chase & Co reaffirmed an overweight rating on shares of Just Eat PLC in a report on Friday, July 7th. Shore Capital reaffirmed a buy rating on shares of Just Eat PLC in a report on Tuesday, July 18th. Finally, Barclays PLC cut shares of Just Eat PLC to an equal weight rating and set a GBX 700 ($9.24) target price for the company. in a research report on Friday, July 28th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Just Eat PLC currently has a consensus rating of Buy and an average target price of GBX 786.47 ($10.38).

Just Eat PLC (JE) traded up GBX 29 ($0.38) during trading hours on Tuesday, hitting GBX 800 ($10.56). 3,850,658 shares of the stock were exchanged.

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In other news, insider David Buttress sold 784,649 shares of Just Eat PLC stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.39), for a total transaction of £4,990,367.64 ($6,585,336.03). Also, insider Frederic Coorevits sold 13,500,000 shares of Just Eat PLC stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of GBX 760 ($10.03), for a total transaction of £102,600,000 ($135,391,923.99).

Just Eat PLC Company Profile

Just Eat plc is a United Kingdom-based operator of digital marketplace for takeaway food delivery. The Company’s segments include the UK, Australia & New Zealand, Established Markets and Developing Markets. The Established Markets includes Benelux, Canada, Denmark, France, Ireland, Norway and Switzerland.

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