Peel Hunt Reaffirms “Buy” Rating for JUST EAT (JE)

Peel Hunt reiterated their buy rating on shares of JUST EAT (LON:JE) in a report published on Monday morning. They currently have a GBX 895 ($12.05) price objective on the stock.

JE has been the topic of several other research reports. J P Morgan Chase & Co dropped their price target on JUST EAT from GBX 835 ($11.24) to GBX 834 ($11.22) and set an overweight rating on the stock in a research note on Tuesday, October 24th. Macquarie restated an outperform rating and issued a GBX 747 ($10.05) target price on shares of JUST EAT in a research note on Monday, September 25th. Canaccord Genuity restated a buy rating and issued a GBX 680 ($9.15) target price on shares of JUST EAT in a research note on Thursday, October 12th. Deutsche Bank downgraded JUST EAT to a hold rating and upped their target price for the stock from GBX 790 ($10.63) to GBX 830 ($11.17) in a research note on Friday, November 17th. Finally, Liberum Capital initiated coverage on JUST EAT in a research note on Wednesday, November 8th. They issued a buy rating and a GBX 880 ($11.84) target price on the stock. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of Buy and an average target price of GBX 813.53 ($10.95).

Shares of JUST EAT (LON JE) opened at GBX 788 ($10.61) on Monday. JUST EAT has a one year low of GBX 495.07 ($6.66) and a one year high of GBX 827 ($11.13).

In other JUST EAT news, insider Frederic Coorevits sold 13,500,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of GBX 760 ($10.23), for a total transaction of £102,600,000 ($138,088,829.07).

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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.

Analyst Recommendations for JUST EAT (LON:JE)

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