JPMorgan Chase & Co. set a £101.55 ($124.97) price objective on Just Eat Takeaway.com (LON:JET) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research firms also recently issued reports on JET. Deutsche Bank reaffirmed a neutral rating and issued a GBX 6,200 ($76.30) price objective on shares of Just Eat Takeaway.com in a research note on Tuesday, June 9th. Credit Suisse Group restated an outperform rating on shares of Just Eat Takeaway.com in a report on Wednesday, April 29th. Goldman Sachs Group set a £115 ($141.52) target price on Just Eat Takeaway.com and gave the stock a buy rating in a report on Friday, June 5th. Barclays boosted their price target on Just Eat Takeaway.com from GBX 8,820 ($108.54) to £101 ($124.29) and gave the stock an overweight rating in a research report on Friday, June 5th. Finally, UBS Group set a GBX 9,700 ($119.37) target price on Just Eat Takeaway.com and gave the company a buy rating in a research report on Tuesday, June 16th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of GBX 9,367.22 ($115.27).
JET stock opened at GBX 8,442 ($103.89) on Tuesday. Just Eat Takeaway.com has a twelve month low of GBX 65.28 ($0.80) and a twelve month high of GBX 9,168 ($112.82). The company has a debt-to-equity ratio of 23.84, a quick ratio of 0.41 and a current ratio of 0.56. The company’s 50-day moving average is GBX 8,407.24.
Just Eat Takeaway.com N.V. operates an online food delivery marketplace that connects consumers and restaurants through its Websites and apps in ten European countries. Its business relies on participating restaurants to deliver food themselves, with the Takeaway.com platform serving as a source of orders for restaurants and facilitating online payment processes.
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