Just Eat PLC (JE) Stock Rating Reaffirmed by JPMorgan Chase & Co.

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Just Eat PLC (LON:JE)‘s stock had its “overweight” rating reissued by analysts at JPMorgan Chase & Co. in a research note issued to investors on Monday. They currently have a GBX 810 ($10.79) price objective on the stock, up from their prior price objective of GBX 780 ($10.39). JPMorgan Chase & Co.’s target price points to a potential upside of 48.35% from the company’s previous close.
Several other equities research analysts have also recently weighed in on JE. Jefferies Group reissued a “buy” rating and set a GBX 550 ($7.33) price objective on shares of Just Eat PLC in a research note on Tuesday, May 3rd. Canaccord Genuity reissued a “buy” rating and set a GBX 625 ($8.32) price objective on shares of Just Eat PLC in a research note on Wednesday, May 4th. Barclays PLC reissued an “overweight” rating and set a GBX 550 ($7.33) price objective on shares of Just Eat PLC in a research note on Wednesday, May 4th. Peel Hunt reissued an “add” rating and set a GBX 432 ($5.75) price objective on shares of Just Eat PLC in a research note on Tuesday, May 3rd. Finally, Goldman Sachs Group Inc. reissued a “conviction-buy” rating on shares of Just Eat PLC in a research note on Friday, May 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Just Eat PLC presently has an average rating of “Buy” and a consensus target price of GBX 590.86 ($7.87).
Just Eat PLC (LON:JE) opened at 546.00 on Monday. The company’s market cap is GBX 3.68 billion. The stock has a 50 day moving average price of GBX 559.22 and a 200 day moving average price of GBX 451.33. Just Eat PLC has a 12 month low of GBX 319.60 and a 12 month high of GBX 603.85.

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About Just Eat PLC
JUST EAT plc operates a digital marketplace for takeaway food delivery. The Company’s segments include United Kingdom, Australia and New Zealand, Established Markets and Developing Markets. Established Markets includes Benelux, Canada, Denmark, France Ireland, Norway and Switzerland. Developing Markets includes Italy, Mexico and Spain.

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