Liberum Capital Initiates Coverage on Just Eat PLC (JE)

Liberum Capital started coverage on shares of Just Eat PLC (LON:JE) in a research note published on Wednesday. The firm issued a buy rating and a GBX 880 ($11.57) price objective on the stock.

A number of other equities research analysts also recently weighed in on JE. J P Morgan Chase & Co reiterated an overweight rating on shares of Just Eat PLC in a research note on Tuesday, July 18th. Shore Capital reiterated a buy rating on shares of Just Eat PLC in a research note on Tuesday, July 18th. Peel Hunt reiterated a buy rating and set a GBX 895 ($11.77) price target on shares of Just Eat PLC in a research note on Thursday, July 20th. Macquarie reiterated an outperform rating and set a GBX 730 ($9.60) price target on shares of Just Eat PLC in a research note on Friday, July 28th. Finally, Deutsche Bank AG reiterated a buy rating and set a GBX 785 ($10.32) price target on shares of Just Eat PLC in a research note on Friday, July 28th. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Just Eat PLC currently has an average rating of Buy and a consensus price target of GBX 801.80 ($10.55).

Just Eat PLC (LON JE) traded up GBX 2 ($0.03) on Wednesday, reaching GBX 811 ($10.67). 4,124,421 shares of the company’s stock were exchanged, compared to its average volume of 3,300,000. Just Eat PLC has a 1 year low of GBX 495.07 ($6.51) and a 1 year high of GBX 821 ($10.80).

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

Just Eat PLC Company Profile

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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