JUST EAT (JE) Rating Reiterated by J P Morgan Chase & Co

J P Morgan Chase & Co restated their overweight rating on shares of JUST EAT (LON:JE) in a research report report published on Friday morning. The firm currently has a GBX 967 ($13.01) target price on the stock.

Other research analysts also recently issued research reports about the stock. Deutsche Bank increased their price objective on shares of JUST EAT from GBX 790 ($10.63) to GBX 830 ($11.17) and gave the company a buy rating in a research report on Wednesday, November 1st. Numis Securities restated an add rating and set a GBX 845 ($11.37) price objective on shares of JUST EAT in a research report on Tuesday, October 31st. 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 Tuesday, October 31st. Credit Suisse Group increased their price objective on shares of JUST EAT from GBX 825 ($11.10) to GBX 870 ($11.71) and gave the company an outperform rating in a research report on Wednesday, November 1st. Finally, Berenberg Bank increased their price objective on shares of JUST EAT from GBX 700 ($9.42) to GBX 850 ($11.44) and gave the company a buy rating in a research report on Wednesday, November 1st. Five research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of Buy and an average target price of GBX 813.53 ($10.95).

JUST EAT (JE) opened at GBX 774.50 ($10.42) on Friday. JUST EAT has a 52-week low of GBX 495.07 ($6.66) and a 52-week 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 that occurred on Thursday, November 2nd. The shares were sold at an average price of GBX 760 ($10.23), for a total transaction of £102,600,000 ($138,088,829.07).

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About JUST EAT

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.

Analyst Recommendations for JUST EAT (LON:JE)

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