Just Eat (JE) PT Set at GBX 590 by Deutsche Bank

Just Eat (LON:JE) received a GBX 590 ($7.71) price objective from Deutsche Bank in a research note issued to investors on Thursday. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s price objective suggests a potential downside of 4.50% from the company’s previous close.

A number of other analysts also recently issued reports on the stock. Barclays reaffirmed an “overweight” rating on shares of Just Eat in a report on Wednesday. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Just Eat in a research note on Monday, January 7th. Liberum Capital reissued a “buy” rating on shares of Just Eat in a research note on Wednesday, January 2nd. UBS Group set a GBX 930 ($12.15) price target on shares of Just Eat and gave the stock a “buy” rating in a research note on Monday, December 31st. Finally, Credit Suisse Group reissued an “outperform” rating on shares of Just Eat in a research note on Wednesday, December 12th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 858 ($11.21).

LON JE opened at GBX 617.80 ($8.07) on Thursday. Just Eat has a 52-week low of GBX 544 ($7.11) and a 52-week high of GBX 906 ($11.84).

In other news, insider Helen A. Weir sold 5,000 shares of the company’s stock in a transaction dated Friday, November 30th. The shares were sold at an average price of GBX 589 ($7.70), for a total transaction of £29,450 ($38,481.64).

About Just Eat

Just Eat plc, together with its subsidiaries, operates digital marketplace for takeaway food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 21.5 million customers and 82,300 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Norway, Switzerland, Italy, Mexico, and Spain.

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Analyst Recommendations for Just Eat (LON:JE)

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