Just Eat (JE) Earns Add Rating from Numis Securities

Numis Securities reissued their add rating on shares of Just Eat (LON:JE) in a research report sent to investors on Monday. They currently have a GBX 948 ($12.86) price target on the stock.

Several other analysts have also issued reports on JE. Macquarie restated an outperform rating and set a GBX 747 ($10.13) target price on shares of Just Eat in a research report on Monday, September 25th. Peel Hunt restated a buy rating and set a GBX 895 ($12.14) target price on shares of Just Eat in a research report on Monday, September 25th. JPMorgan Chase & Co. boosted their target price on shares of Just Eat from GBX 826 ($11.20) to GBX 835 ($11.32) and gave the company an overweight rating in a research report on Tuesday, October 3rd. Canaccord Genuity reaffirmed a buy rating and set a GBX 680 ($9.22) price target on shares of Just Eat in a report on Thursday, October 12th. Finally, Deutsche Bank reaffirmed a buy rating and set a GBX 760 ($10.31) price target on shares of Just Eat in a report on Friday, October 13th. Four analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of Buy and an average price target of GBX 848 ($11.50).

Shares of Just Eat (LON JE) opened at GBX 800 ($10.85) on Monday. The stock has a market cap of $5,470.00 and a P/E ratio of 6,666.67. Just Eat has a 12-month low of GBX 495.07 ($6.71) and a 12-month high of GBX 827 ($11.22).

In other news, insider Frederic Coorevits sold 13,500,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of GBX 760 ($10.31), for a total value of £102,600,000 ($139,137,510.17).

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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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