Just Eat (JE) Given a GBX 742 Price Target at JPMorgan Chase & Co.
Just Eat (LON:JE) has been assigned a GBX 742 ($9.70) target price by JPMorgan Chase & Co. in a research report issued on Friday, September 21st. The brokerage currently has a “sell” rating on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 21.76% from the stock’s previous close.
Other equities analysts also recently issued research reports about the stock. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,050 ($13.72) price objective on shares of Just Eat in a research note on Thursday, June 28th. Peel Hunt reiterated a “buy” rating on shares of Just Eat in a research note on Wednesday, June 27th. Liberum Capital reiterated a “buy” rating on shares of Just Eat in a research note on Tuesday, June 26th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 880 ($11.50) target price on shares of Just Eat in a research note on Friday, June 22nd. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 887.50 ($11.60).
LON JE traded down GBX 0.60 ($0.01) during trading hours on Friday, hitting GBX 609.40 ($7.96). The company had a trading volume of 2,680,016 shares, compared to its average volume of 3,730,000. Just Eat has a 1-year low of GBX 544 ($7.11) and a 1-year high of GBX 906 ($11.84).
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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