JUST EAT (JE) Rating Reiterated by Deutsche Bank

JUST EAT (LON:JE)‘s stock had its “hold” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Monday. They currently have a GBX 830 ($11.17) price objective on the stock. Deutsche Bank’s target price would suggest a potential upside of 5.33% from the stock’s previous close.

A number of other research analysts have also weighed in on the company. Citigroup restated a “buy” rating and set a GBX 780 ($10.50) price objective on shares of JUST EAT in a research report on Wednesday, August 30th. Peel Hunt restated a “buy” rating and set a GBX 895 ($12.05) price objective on shares of JUST EAT in a research report on Monday, September 4th. Credit Suisse Group raised their price objective on JUST EAT from GBX 780 ($10.50) to GBX 825 ($11.10) and gave the company an “outperform” rating in a research report on Friday, September 8th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 680 ($9.15) price target on shares of JUST EAT in a research report on Thursday, October 12th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating on shares of JUST EAT in a research report on Friday, October 13th. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 813.53 ($10.95).

Shares of JUST EAT (LON:JE) opened at GBX 788 ($10.61) on Monday. JUST EAT has a 12-month low of GBX 495.07 ($6.66) and a 12-month high of GBX 827 ($11.13).

In other JUST EAT news, insider Frederic Coorevits sold 13,500,000 shares of the company’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of GBX 760 ($10.23), for a total value of £102,600,000 ($138,088,829.07).

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JUST EAT 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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