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.
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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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