Just Eat’s (JE) Buy Rating Reiterated at Liberum Capital

Liberum Capital reissued their buy rating on shares of Just Eat (LON:JE) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports.

Several other equities analysts also recently issued reports on JE. Royal Bank of Canada set a $184.00 target price on Jazz Pharmaceuticals and gave the company a buy rating in a research report on Wednesday, July 3rd. Credit Suisse Group upped their target price on JPMorgan Chase & Co. from $128.00 to $132.00 and gave the company an outperform rating in a research report on Monday, April 15th. Jefferies Financial Group reissued a buy rating and issued a $11.50 target price on shares of Just Eat in a research report on Thursday, July 4th. Numis Securities raised Royal Bank of Scotland Group from an add rating to a buy rating in a research report on Wednesday, May 1st. Finally, UBS Group downgraded to a neutral rating and cut their target price for the company from GBX 870 ($11.37) to GBX 650 ($8.49) in a research report on Wednesday, June 19th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of GBX 790.31 ($10.33).

LON JE opened at GBX 612 ($8.00) on Thursday. The company has a debt-to-equity ratio of 12.81, a quick ratio of 0.69 and a current ratio of 0.76. The firm has a fifty day moving average price of GBX 618.53. Just Eat has a 1 year low of GBX 519.20 ($6.78) and a 1 year high of GBX 889.40 ($11.62). The firm has a market cap of $4.17 billion and a P/E ratio of 50.58.

Just Eat Company Profile

Just Eat plc, together with its subsidiaries, operates a hybrid marketplace for online food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 26 million customers and 100,000 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Italy, Mexico, Norway, Spain, Switzerland, and Brazil.

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Analyst Recommendations for Just Eat (LON:JE)

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