Just Eat Takeaway.com’s (JET) Buy Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their buy rating on shares of Just Eat Takeaway.com (LON:JET) in a research note released on Tuesday morning, Borsen Zeitung reports.

Several other equities research analysts have also recently weighed in on JET. UBS Group reaffirmed a buy rating on shares of Just Eat Takeaway.com in a research report on Wednesday, March 4th. Credit Suisse Group reissued a buy rating and set a GBX 9,650 ($126.94) target price on shares of Just Eat Takeaway.com in a research report on Thursday, March 5th. Royal Bank of Canada set a GBX 7,600 ($99.97) target price on shares of Just Eat Takeaway.com and gave the company a neutral rating in a research report on Wednesday, February 26th. Barclays increased their target price on shares of Just Eat Takeaway.com from GBX 8,500 ($111.81) to GBX 8,820 ($116.02) and gave the company an overweight rating in a research report on Monday. Finally, Jefferies Financial Group raised shares of Just Eat Takeaway.com to a buy rating and set a GBX 8,000 ($105.24) target price for the company in a research report on Tuesday, March 17th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of GBX 8,497 ($111.77).

Shares of JET stock opened at GBX 6,425 ($84.52) on Tuesday. The company has a debt-to-equity ratio of 23.84, a current ratio of 0.56 and a quick ratio of 0.41. Just Eat Takeaway.com has a twelve month low of GBX 65.28 ($0.86) and a twelve month high of GBX 9,000 ($118.39).

About Just Eat Takeaway.com

Just Eat Takeaway.com N.V. operates an online food delivery marketplace that connects consumers and restaurants through its Websites and apps in ten European countries. Its business relies on participating restaurants to deliver food themselves, with the Takeaway.com platform serving as a source of orders for restaurants and facilitating online payment processes.

Further Reading: Inverted Yield Curve

Analyst Recommendations for Just Eat Takeaway.com (LON:JET)

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