JPMorgan Chase & Co. Reiterates Overweight Rating for Just Eat Takeaway.com (LON:JET)

Just Eat Takeaway.com (LON:JET)‘s stock had its “overweight” rating restated by analysts at JPMorgan Chase & Co. in a research note issued on Monday, ThisIsMoney.Co.Uk reports.

Several other equities analysts also recently weighed in on JET. Jefferies Financial Group reiterated a “buy” rating and set a GBX 9,800 ($120.60) target price on shares of Just Eat Takeaway.com in a research report on Monday, June 15th. Morgan Stanley reiterated a “top pick” rating and set a GBX 9,600 ($118.14) target price (up from GBX 8,800 ($108.29)) on shares of Just Eat Takeaway.com in a research report on Friday, May 22nd. UBS Group set a GBX 9,700 ($119.37) price target on Just Eat Takeaway.com and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Goldman Sachs Group set a £115 ($141.52) price target on Just Eat Takeaway.com and gave the stock a “buy” rating in a research note on Friday, June 5th. Finally, Royal Bank of Canada set a GBX 7,600 ($93.53) price target on Just Eat Takeaway.com and gave the stock a “neutral” rating in a research note on Thursday, June 11th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Just Eat Takeaway.com has a consensus rating of “Buy” and an average target price of GBX 9,367.22 ($115.27).

LON JET opened at GBX 8,630 ($106.20) on Monday. The stock’s 50-day simple moving average is GBX 8,407.24. Just Eat Takeaway.com has a twelve month low of GBX 65.28 ($0.80) and a twelve month high of GBX 9,168 ($112.82). The company has a current ratio of 0.56, a quick ratio of 0.41 and a debt-to-equity ratio of 23.84.

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.

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

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