JUST EAT PLC/ADR (OTCMKTS:JSTTY) Upgraded to Hold by Zacks Investment Research

Zacks Investment Research upgraded shares of JUST EAT PLC/ADR (OTCMKTS:JSTTY) from a sell rating to a hold rating in a research note released on Thursday, Zacks.com reports.

According to Zacks, “Just Eat PLC provides an online and mobile market place for takeaway food. The company allows consumers to access menu of the takeaway restaurants through the JUST EAT platform. It operates primarily in the United Kingdom, Australia, Belgium, Brazil, Canada, Denmark, France, Ireland, Italy, Mexico, the Netherlands, New Zealand, Norway, Spain and Switzerland. Just Eat PLC is headquartered in London, the United Kingdom. “

A number of other research analysts have also weighed in on JSTTY. Berenberg Bank lowered shares of JUST EAT PLC/ADR from a buy rating to a hold rating in a research report on Tuesday, July 9th. JPMorgan Chase & Co. raised shares of JUST EAT PLC/ADR from an underweight rating to a neutral rating in a research report on Monday, July 29th. Finally, UBS Group lowered shares of JUST EAT PLC/ADR from a buy rating to a neutral rating in a research report on Wednesday, June 19th. Six analysts have rated the stock with a hold rating, JUST EAT PLC/ADR currently has a consensus rating of Hold.



JSTTY opened at $4.27 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.76 and a quick ratio of 0.74. The company’s 50-day moving average is $4.60 and its 200 day moving average is $4.46. JUST EAT PLC/ADR has a fifty-two week low of $3.25 and a fifty-two week high of $5.21. The firm has a market capitalization of $2.93 billion, a P/E ratio of 53.34 and a beta of 1.13.

JUST EAT PLC/ADR 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 PLC/ADR (OTCMKTS:JSTTY)

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