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



Shares of JUST EAT PLC/ADR stock opened at $4.17 on Wednesday. The business’s fifty day simple moving average is $4.60 and its 200 day simple moving average is $4.43. The firm has a market capitalization of $2.82 billion, a P/E ratio of 52.13 and a beta of 1.13. JUST EAT PLC/ADR has a 12 month low of $3.25 and a 12 month high of $5.21. The company has a current ratio of 0.76, a quick ratio of 0.74 and a debt-to-equity ratio of 0.13.

About JUST EAT PLC/ADR

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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