Just Eat PLC (LON:JE) Receives Average Rating of “Hold” from Analysts

Just Eat PLC (LON:JE) has been assigned an average rating of “Hold” from the fifteen research firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 736.50 ($9.62).

Several analysts have recently commented on JE shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,050 ($13.72) price target on shares of Just Eat in a research report on Wednesday, March 6th. Goldman Sachs Group set a GBX 1,100 ($14.37) price target on shares of Just Eat and gave the company a “buy” rating in a research report on Wednesday, March 6th. UBS Group set a GBX 870 ($11.37) price target on shares of Just Eat and gave the company a “buy” rating in a research report on Wednesday, March 6th. JPMorgan Chase & Co. set a GBX 815 ($10.65) price target on shares of Just Eat and gave the company a “buy” rating in a research report on Tuesday, March 5th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 1,320 ($17.25) price target on shares of Just Eat in a research report on Tuesday, March 5th.

Shares of JE stock traded up GBX 2.40 ($0.03) during trading on Monday, hitting GBX 625 ($8.17). 2,806,340 shares of the stock traded hands, compared to its average volume of 3,730,000. The company has a market capitalization of $4.24 billion and a price-to-earnings ratio of 51.65. The company has a debt-to-equity ratio of 12.81, a current ratio of 0.76 and a quick ratio of 0.69. The firm’s fifty day moving average price is GBX 622.82. Just Eat has a 52-week low of GBX 519.20 ($6.78) and a 52-week high of GBX 889.40 ($11.62).

About Just Eat

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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