Just Eat (JE) Given Overweight Rating at Barclays

Just Eat (LON:JE)‘s stock had its “overweight” rating reiterated by equities research analysts at Barclays in a research report issued on Wednesday.

A number of other equities analysts also recently commented on JE. Liberum Capital reiterated a “buy” rating on shares of Just Eat in a research report on Wednesday, January 2nd. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Just Eat in a research report on Monday. UBS Group set a GBX 930 ($12.15) price objective on Just Eat and gave the stock a “buy” rating in a research report on Monday, December 31st. Deutsche Bank set a GBX 610 ($7.97) price objective on Just Eat and gave the stock a “neutral” rating in a research report on Tuesday, December 18th. Finally, Bank of America set a GBX 1,000 ($13.07) price objective on Just Eat and gave the stock a “buy” rating in a research report on Tuesday, November 13th. Two analysts have rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 859.18 ($11.23).

Shares of Just Eat stock opened at GBX 637.40 ($8.33) on Wednesday. Just Eat has a one year low of GBX 544 ($7.11) and a one year high of GBX 906 ($11.84).

In other news, insider Helen A. Weir sold 5,000 shares of Just Eat stock in a transaction on Friday, November 30th. The stock was sold at an average price of GBX 589 ($7.70), for a total value of £29,450 ($38,481.64).

Just Eat Company Profile

Just Eat plc, together with its subsidiaries, operates digital marketplace for takeaway food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 21.5 million customers and 82,300 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Norway, Switzerland, Italy, Mexico, and Spain.

Featured Story: How is the discount rate different from the Federal Funds rate?

Analyst Recommendations for Just Eat (LON:JE)

Receive News & Ratings for Just Eat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Eat and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply