Just Eat’s (JE) Hold Rating Reiterated at Deutsche Bank

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Just Eat (LON:JE)‘s stock had its “hold” rating reaffirmed by stock analysts at Deutsche Bank in a report released on Friday, ThisIsMoney.Co.Uk reports.

Several other equities analysts have also recently issued reports on the company. UBS Group boosted their price objective on LyondellBasell Industries from $86.00 to $89.00 and gave the company a “neutral” rating in a report on Thursday. Royal Bank of Canada set a $184.00 price objective on Jazz Pharmaceuticals and gave the company a “buy” rating in a report on Wednesday, July 3rd. Jefferies Financial Group reissued a “buy” rating and issued a $11.50 price objective on shares of Just Eat in a report on Thursday, July 4th. Liberum Capital boosted their price objective on Moneysupermarket.Com Group from GBX 520 ($6.79) and gave the company a “buy” rating in a report on Thursday. Finally, Numis Securities raised Royal Bank of Scotland Group from an “add” rating to a “buy” rating in a report on Wednesday, May 1st. Two analysts have rated the stock with a sell rating, six have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Just Eat has an average rating of “Hold” and an average target price of GBX 790.31 ($10.33).

Shares of JE stock opened at GBX 612 ($8.00) on Friday. The firm has a market cap of $4.17 billion and a PE ratio of 50.58. The company has a 50-day 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 has a 52-week low of GBX 519.20 ($6.78) and a 52-week high of GBX 889.40 ($11.62).

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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