Liberum Capital reiterated their buy rating on shares of Just Eat (LON:JE) in a report released on Wednesday, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also recently issued reports on the company. Citigroup cut Just Eat to a neutral rating and upped their price objective for the company from GBX 690 ($9.02) to GBX 805 ($10.52) in a research report on Wednesday, August 14th. Deutsche Bank reaffirmed a hold rating on shares of Just Eat in a research report on Tuesday, July 30th. Royal Bank of Canada lowered their price objective on Just Eat from GBX 900 ($11.76) to GBX 830 ($10.85) and set a top pick rating on the stock in a research report on Thursday, August 8th. Jefferies Financial Group lowered their price objective on Just Eat from GBX 1,150 ($15.03) to GBX 1,100 ($14.37) and set a buy rating on the stock in a research report on Tuesday, August 13th. Finally, Peel Hunt reaffirmed a sell rating on shares of Just Eat in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 798.71 ($10.44).
JE stock opened at GBX 619.40 ($8.09) on Wednesday. The stock has a market capitalization of $4.23 billion and a PE ratio of 106.79. Just Eat has a 12-month low of GBX 519.20 ($6.78) and a 12-month high of GBX 833.14 ($10.89). The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 29.47. The stock’s 50 day simple moving average is GBX 708.61 and its 200 day simple moving average is GBX 686.70.
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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