Just Eat (LON:JE) Rating Reiterated by UBS Group

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UBS Group restated their neutral rating on shares of Just Eat (LON:JE) in a report issued on Thursday morning, ThisIsMoney.Co.Uk reports.

A number of other analysts also recently commented on JE. Deutsche Bank downgraded shares of RIGHTMOVE PLC/ADR from a buy rating to a hold rating in a report on Monday, April 29th. Royal Bank of Canada set a $184.00 price objective on shares of Jazz Pharmaceuticals and gave the stock a buy rating in a report on Wednesday, July 3rd. Numis Securities raised shares of Royal Bank of Scotland Group from an add rating to a buy rating in a report on Wednesday, May 1st. Credit Suisse Group boosted their price objective on shares of JPMorgan Chase & Co. from $128.00 to $132.00 and gave the stock an outperform rating in a report on Monday, April 15th. Finally, Berenberg Bank boosted their price objective on shares of from GBX 54 ($0.71) to GBX 56 ($0.73) and gave the stock a buy rating in a report on Tuesday, July 9th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Just Eat currently has an average rating of Hold and a consensus price target of GBX 790.31 ($10.33).

Shares of Just Eat stock opened at GBX 612 ($8.00) on Thursday. The firm has a market capitalization of $4.17 billion and a price-to-earnings ratio of 50.58. Just Eat has a 52-week low of GBX 519.20 ($6.78) and a 52-week high of GBX 889.40 ($11.62). The business’s 50-day moving average price is GBX 618.53. The company has a current ratio of 0.76, a quick ratio of 0.69 and a debt-to-equity ratio of 12.81.

About Just Eat

Just Eat plc, together with its subsidiaries, operates a hybrid marketplace for online food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 26 million customers and 100,000 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Italy, Mexico, Norway, Spain, Switzerland, and Brazil.

Further Reading: What can cause a stock to outperform?

Analyst Recommendations for Just Eat (LON:JE)

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