Macquarie Increases Just Eat PLC (JE) Price Target to GBX 730

Just Eat PLC (LON:JE) had its target price lifted by equities researchers at Macquarie from GBX 670 ($8.66) to GBX 730 ($9.43) in a research report issued to clients and investors on Thursday. The firm currently has an “outperform” rating on the stock. Macquarie’s target price would suggest a potential upside of 6.88% from the stock’s previous close.

JE has been the subject of several other research reports. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 820 ($10.60) price objective on shares of Just Eat PLC in a report on Friday, March 3rd. Barclays PLC reaffirmed an “overweight” rating and set a GBX 700 ($9.05) target price on shares of Just Eat PLC in a research report on Tuesday, April 11th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 650 ($8.40) target price on shares of Just Eat PLC in a research report on Thursday, February 9th. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 650 ($8.40) target price on shares of Just Eat PLC in a research report on Wednesday, February 8th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 725 ($9.37) target price on shares of Just Eat PLC in a research report on Wednesday, May 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 711.75 ($9.20).

Analyst Recommendations for Just Eat PLC (LON:JE)

Just Eat PLC (LON JE) opened at 666.50 on Thursday. The firm’s market cap is GBX 4.52 billion. Just Eat PLC has a 52-week low of GBX 385.50 and a 52-week high of GBX 688.00. The firm’s 50-day moving average price is GBX 611.32 and its 200-day moving average price is GBX 569.78.

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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.

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