Several other equities research analysts have also commented on the company. Goldman Sachs reissued a conviction-buy rating and set a GBX 1,010 ($14.18) price target on shares of Just Eat in a research note on Wednesday, March 28th. Deutsche Bank reissued a sell rating and set a GBX 630 ($8.84) price target on shares of Just Eat in a research note on Tuesday, March 27th. Canaccord Genuity downgraded Just Eat to a hold rating and cut their price objective for the stock from GBX 850 ($11.93) to GBX 700 ($9.83) in a research report on Friday, March 23rd. Morgan Stanley cut their price objective on Just Eat from GBX 790 ($11.09) to GBX 780 ($10.95) and set an equal weight rating for the company in a research report on Tuesday, March 20th. Finally, JPMorgan Chase cut their price objective on Just Eat from GBX 1,200 ($16.84) to GBX 976 ($13.70) and set an overweight rating for the company in a research report on Tuesday, March 13th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of GBX 870.40 ($12.22).
Shares of LON:JE opened at GBX 688.20 ($9.66) on Wednesday. Just Eat has a 12 month low of GBX 544 ($7.64) and a 12 month high of GBX 906 ($12.72).
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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