Peel Hunt Reiterates Buy Rating for Just Eat PLC (JE)

Just Eat PLC (LON:JE)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a research report issued on Thursday. They presently have a GBX 895 ($11.69) target price on the stock. Peel Hunt’s price objective would indicate a potential upside of 27.58% from the company’s current price.

Other equities analysts have also recently issued research reports about the stock. UBS AG upgraded shares of Just Eat PLC to a “neutral” rating and lifted their target price for the stock from GBX 475 ($6.20) to GBX 605 ($7.90) in a research report on Monday, March 27th. Deutsche Bank AG boosted their price objective on shares of Just Eat PLC from GBX 725 ($9.47) to GBX 785 ($10.25) and gave the company a “buy” rating in a research report on Wednesday, June 7th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 825 ($10.77) price objective on shares of Just Eat PLC in a research report on Wednesday, May 3rd. Numis Securities Ltd restated an “add” rating and issued a GBX 690 ($9.01) price objective on shares of Just Eat PLC in a research report on Tuesday, May 2nd. Finally, Macquarie restated an “outperform” rating and issued a GBX 730 ($9.53) price objective on shares of Just Eat PLC in a research report on Thursday, July 6th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 705.47 ($9.21).

Shares of Just Eat PLC (LON:JE) opened at 701.50 on Thursday. Just Eat PLC has a 12-month low of GBX 468.00 and a 12-month high of GBX 719.08. The firm’s market capitalization is GBX 4.76 billion. The company has a 50-day moving average price of GBX 673.86 and a 200-day moving average price of GBX 589.88.

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About Just Eat PLC

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 PLC (LON:JE)

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