Just Eat’s (JE) Buy Rating Reiterated at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Just Eat (LON:JE) in a report released on Thursday, ThisIsMoney.Co.Uk reports.

Several other equities research analysts have also recently weighed in on the company. Goldman Sachs Group set a €137.00 ($159.30) price objective on Safran and gave the stock a buy rating in a research note on Monday, March 18th. JPMorgan Chase & Co. cut Sogou from a neutral rating to an underweight rating and reduced their price objective for the stock from $5.50 to $4.12 in a research note on Thursday, June 27th. Royal Bank of Canada set a $184.00 price objective on Jazz Pharmaceuticals and gave the stock a buy rating in a research note on Wednesday, July 3rd. UBS Group cut to a neutral rating and reduced their price objective for the stock from GBX 870 ($11.37) to GBX 650 ($8.49) in a research note on Wednesday, June 19th. Finally, Numis Securities upgraded Royal Bank of Scotland Group from an add rating to a buy rating in a research report on Wednesday, May 1st. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of GBX 790.31 ($10.33).

Shares of LON JE opened at GBX 612 ($8.00) on Thursday. The stock’s 50 day moving average is GBX 618.53. The company has a quick ratio of 0.69, a current ratio of 0.76 and a debt-to-equity ratio of 12.81. Just Eat has a 1-year low of GBX 519.20 ($6.78) and a 1-year high of GBX 889.40 ($11.62). The company has a market capitalization of $4.17 billion and a PE ratio of 50.58.

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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