Just Eat’s (JE) “Buy” Rating Reaffirmed at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Just Eat (LON:JE) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

Several other research analysts also recently weighed in on JE. Credit Suisse Group dropped their target price on Just Eat from GBX 970 ($12.76) to GBX 935 ($12.30) and set an outperform rating on the stock in a research note on Tuesday, October 22nd. Deutsche Bank dropped their price target on Just Eat from GBX 750 ($9.87) to GBX 670 ($8.81) and set a hold rating on the stock in a research note on Tuesday, October 22nd. Royal Bank of Canada dropped their price target on Just Eat from GBX 830 ($10.92) to GBX 810 ($10.66) and set a top pick rating on the stock in a research note on Thursday, October 24th. Canaccord Genuity downgraded Just Eat to a hold rating and set a GBX 750 ($9.87) price target on the stock. in a research note on Friday, November 1st. Finally, HSBC set a GBX 980 ($12.89) price target on Just Eat and gave the company a buy rating in a research note on Wednesday, January 1st. One research analyst has rated the stock with a sell rating, nine have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 763.31 ($10.04).

Shares of Just Eat stock opened at GBX 897.60 ($11.81) on Monday. Just Eat has a one year low of GBX 574.40 ($7.56) and a one year high of GBX 8,150 ($107.21). The company has a debt-to-equity ratio of 29.47, a quick ratio of 0.82 and a current ratio of 0.85. The stock has a market cap of $6.15 billion and a price-to-earnings ratio of 154.76. The stock has a 50 day moving average price of GBX 811.71 and a 200-day moving average price of GBX 725.32.

About Just Eat

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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