Just Eat’s (JE) “Buy” Rating Reiterated at Goldman Sachs Group

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Just Eat (LON:JE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Goldman Sachs Group in a report released on Friday, ThisIsMoney.Co.Uk reports.

A number of other research analysts also recently weighed in on the stock. Deutsche Bank raised their target price on shares of Spirit Airlines from $75.00 to $79.00 and gave the company a “buy” rating in a research report on Friday. Royal Bank of Canada set a $184.00 target price on shares of Jazz Pharmaceuticals and gave the company a “buy” rating in a research report on Wednesday, July 3rd. Peel Hunt raised shares of MJ Gleeson to a “hold” rating and raised their target price for the company from GBX 715 ($9.34) to GBX 745 ($9.73) in a research report on Thursday, July 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $11.50 target price on shares of Just Eat in a research report on Thursday, July 4th. Finally, UBS Group raised their target price on shares of LyondellBasell Industries from $86.00 to $89.00 and gave the company a “neutral” rating in a research report on Thursday. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 790.31 ($10.33).

Just Eat stock opened at GBX 612 ($8.00) on Friday. The company has a market capitalization of $4.17 billion and a P/E ratio of 50.58. Just Eat has a 1-year low of GBX 519.20 ($6.78) and a 1-year high of GBX 889.40 ($11.62). The company has a fifty day simple moving average of GBX 618.53. The company has a current ratio of 0.76, a quick ratio of 0.69 and a debt-to-equity ratio of 12.81.

Just Eat Company Profile

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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