Just Eat (LON:JE)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a report issued on Tuesday, April 2nd, ThisIsMoney.Co.Uk reports.
A number of other research firms have also issued reports on JE. Peel Hunt reissued a “sell” rating and set a GBX 520 ($6.79) price target on shares of Just Eat in a research report on Wednesday, March 6th. Barclays lowered shares of Just Eat to an “equal weight” rating and set a GBX 785 ($10.26) price target for the company. in a research report on Thursday, March 7th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,050 ($13.72) price target on shares of Just Eat in a research report on Wednesday, March 6th. Canaccord Genuity reissued a “hold” rating and set a GBX 650 ($8.49) price target on shares of Just Eat in a research report on Wednesday, March 6th. Finally, BNP Paribas raised shares of Just Eat to a “neutral” rating and set a GBX 780 ($10.19) price objective on the stock in a research note on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 880.93 ($11.51).
Shares of Just Eat stock traded down GBX 34.20 ($0.45) during midday trading on Tuesday, hitting GBX 714.40 ($9.33). The company had a trading volume of 3,945,397 shares, compared to its average volume of 3,730,000. The firm has a market capitalization of $5.08 billion and a P/E ratio of 59.04. The company has a quick ratio of 0.69, a current ratio of 0.76 and a debt-to-equity ratio of 12.81. Just Eat has a 12-month low of GBX 519.20 ($6.78) and a 12-month high of GBX 889.40 ($11.62).
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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