JUST EAT plc (JE) Price Target Raised to GBX 870 at Credit Suisse Group

JUST EAT plc (LON:JE) had its price target increased by Credit Suisse Group from GBX 825 ($10.85) to GBX 870 ($11.44) in a research report report published on Wednesday, November 1st. Credit Suisse Group currently has an outperform rating on the stock.

Several other research analysts have also commented on the stock. Peel Hunt reissued a buy rating and issued a GBX 895 ($11.77) price objective on shares of JUST EAT plc in a research note on Thursday, July 20th. Macquarie reiterated an outperform rating and issued a GBX 730 ($9.60) price target on shares of JUST EAT plc in a research note on Thursday, July 6th. J P Morgan Chase & Co reiterated an overweight rating on shares of JUST EAT plc in a research note on Friday, July 7th. Shore Capital reissued a buy rating on shares of JUST EAT plc in a report on Tuesday, July 18th. Finally, Barclays PLC cut shares of JUST EAT plc to an equal weight rating and set a GBX 700 ($9.21) price objective on the stock. in a report on Friday, July 28th. Five investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. JUST EAT plc has a consensus rating of Buy and an average price target of GBX 801.80 ($10.55).

Shares of JUST EAT plc (JE) traded up GBX 3.50 ($0.05) during mid-day trading on Wednesday, reaching GBX 806 ($10.60). 2,471,345 shares of the company’s stock traded hands, compared to its average volume of 3,680,000. JUST EAT plc has a one year low of GBX 495.07 ($6.51) and a one year high of GBX 827 ($10.88).

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In other JUST EAT plc news, insider Frederic Coorevits sold 13,500,000 shares of the stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of GBX 760 ($10.00), for a total value of £102,600,000 ($134,946,731.55). Also, insider David Buttress sold 784,649 shares of the firm’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of GBX 636 ($8.37), for a total value of £4,990,367.64 ($6,563,682.28).

About JUST EAT plc

Just Eat plc is a United Kingdom-based operator of digital marketplace for takeaway food delivery. The Company’s segments include the UK, Australia & New Zealand, Established Markets and Developing Markets. The Established Markets includes Benelux, Canada, Denmark, France, Ireland, Norway and Switzerland.

Analyst Recommendations for JUST EAT plc (LON:JE)

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