Just Eat (JE) Downgraded by Deutsche Bank

Just Eat (LON:JE) was downgraded by investment analysts at Deutsche Bank to a “sell” rating in a research note issued to investors on Monday. They presently have a GBX 630 ($8.70) price target on the stock, down from their previous price target of GBX 830 ($11.47). Deutsche Bank’s target price indicates a potential downside of 19.26% from the stock’s current price.

Several other analysts have also issued reports on the company. Numis Securities reaffirmed an “add” rating and issued a GBX 948 ($13.10) target price on shares of Just Eat in a research note on Monday, January 15th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 880 ($12.16) target price on shares of Just Eat in a research note on Monday, January 15th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 895 ($12.37) target price on shares of Just Eat in a research note on Monday, December 4th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Just Eat presently has an average rating of “Buy” and a consensus target price of GBX 871.88 ($12.05).

Just Eat (LON:JE) opened at GBX 780.25 ($10.78) on Monday. Just Eat has a twelve month low of GBX 544 ($7.52) and a twelve month high of GBX 906 ($12.52). The company has a market capitalization of $5,310.00 and a PE ratio of -5,201.67.

WARNING: This piece of content was originally published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this piece of content can be viewed at https://sportsperspectives.com/2018/03/14/just-eat-je-downgraded-by-deutsche-bank.html.

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.

Analyst Recommendations for Just Eat (LON:JE)

Receive News & Ratings for Just Eat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Eat and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply