Deutsche Bank Reiterates Hold Rating for Just Eat (LON:JE)

Just Eat (LON:JE)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank in a research report issued on Friday, ThisIsMoney.Co.Uk reports.

A number of other brokerages have also issued reports on JE. Liberum Capital raised their price target on Moneysupermarket.Com Group from GBX 520 ($6.79) and gave the stock a “buy” rating in a research note on Thursday. Numis Securities upgraded Royal Bank of Scotland Group from an “add” rating to a “buy” rating in a report on Wednesday, May 1st. Royal Bank of Canada set a $184.00 price objective on Jazz Pharmaceuticals and gave the stock a “buy” rating in a report on Wednesday, July 3rd. Peel Hunt upgraded MJ Gleeson to a “hold” rating and raised their price objective for the stock from GBX 715 ($9.34) to GBX 745 ($9.73) in a report on Thursday, July 4th. Finally, Berenberg Bank raised their price objective on 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 given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Just Eat has an average rating of “Hold” and an average target price of GBX 790.31 ($10.33).

Shares of JE stock opened at GBX 612 ($8.00) on Friday. 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. The company has a market cap of $4.17 billion and a price-to-earnings ratio of 50.58. The business’s 50 day simple moving average is GBX 618.53.

Just Eat Company Profile

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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