Just Eat PLC’s (JE) Buy Rating Reaffirmed at Panmure Gordon

Panmure Gordon reiterated their buy rating on shares of Just Eat PLC (LON:JE) in a report issued on Tuesday. The brokerage currently has a GBX 734 ($8.93) target price on the stock.

JE has been the subject of a number of other research reports. Barclays PLC reissued an equal weight rating and set a GBX 630 ($7.66) price objective on shares of Just Eat PLC in a research report on Tuesday. Jefferies Group reissued a buy rating on shares of Just Eat PLC in a research report on Tuesday, September 20th. J P Morgan Chase & Co lifted their price objective on Just Eat PLC from GBX 810 ($9.85) to GBX 835 ($10.15) and gave the company an overweight rating in a research report on Thursday, November 3rd. Citigroup Inc. reissued a buy rating and set a GBX 715 ($8.70) price objective on shares of Just Eat PLC in a research report on Thursday, November 3rd. Finally, Peel Hunt reissued an add rating on shares of Just Eat PLC in a research report on Thursday, November 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of GBX 653.40 ($7.95).

Analyst Recommendations for Just Eat PLC (LON:JE)

Shares of Just Eat PLC (LON:JE) traded down 0.55% on Tuesday, reaching GBX 540.00. The company had a trading volume of 3,202,407 shares. The firm’s market capitalization is GBX 3.64 billion. The company has a 50-day moving average price of GBX 578.12 and a 200-day moving average price of GBX 539.41. Just Eat PLC has a 52-week low of GBX 319.60 and a 52-week high of GBX 623.50.

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In other news, insider John Hughes sold 235,000 shares of the business’s stock in a transaction that occurred on Friday, December 16th. The stock was sold at an average price of GBX 572 ($6.96), for a total value of £1,344,200 ($1,634,683.21).

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 United Kingdom, Australia and New Zealand, Established Markets and Developing Markets. The Established Markets segment includes Canada, Denmark, France Ireland, Norway and Switzerland.

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