Just Eat (LON:JE) Earns “Neutral” Rating from UBS Group

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

JE has been the subject of several other reports. Goldman Sachs Group set a €137.00 ($159.30) price objective on shares of Safran and gave the stock a buy rating in a research report on Monday, March 18th. Credit Suisse Group lifted their price objective on shares of JPMorgan Chase & Co. from $128.00 to $132.00 and gave the stock an outperform rating in a research report on Monday, April 15th. Berenberg Bank lifted 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 research report on Tuesday, July 9th. Peel Hunt raised shares of MJ Gleeson to a hold rating and lifted their price objective for the stock from GBX 715 ($9.34) to GBX 745 ($9.73) in a research report on Thursday, July 4th. Finally, Royal Bank of Canada set a $184.00 price objective on shares of Jazz Pharmaceuticals and gave the stock a buy rating in a research report on Wednesday, July 3rd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Just Eat has a consensus rating of Hold and a consensus target price of GBX 790.31 ($10.33).

Shares of JE stock opened at GBX 612 ($8.00) on Thursday. The stock has a market cap of $4.17 billion and a PE ratio of 50.58. The firm has a 50 day simple moving average of GBX 618.53. 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 company has a debt-to-equity ratio of 12.81, a current ratio of 0.76 and a quick ratio of 0.69.

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.

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Analyst Recommendations for Just Eat (LON:JE)

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