J P Morgan Chase & Co Reaffirms Overweight Rating for Just Eat PLC (JE)

Just Eat PLC (LON:JE)‘s stock had its “overweight” rating reissued by equities researchers at J P Morgan Chase & Co in a note issued to investors on Friday.

Several other research analysts have also weighed in on the stock. Macquarie reiterated an “outperform” rating and set a GBX 730 ($9.60) price objective on shares of Just Eat PLC in a report on Monday, June 19th. Peel Hunt reiterated a “buy” rating and set a GBX 895 ($11.77) price objective on shares of Just Eat PLC in a report on Monday, June 19th. Morgan Stanley started coverage on shares of Just Eat PLC in a report on Thursday, June 22nd. They set an “equal weight” rating on the stock. Shore Capital reiterated a “buy” rating on shares of Just Eat PLC in a report on Tuesday, July 18th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a GBX 785 ($10.32) price objective on shares of Just Eat PLC in a report on Friday, July 28th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Just Eat PLC currently has a consensus rating of “Buy” and a consensus target price of GBX 730.07 ($9.60).

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In other news, insider David Buttress sold 784,649 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.36), for a total transaction of £4,990,367.64 ($6,561,093.40).

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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