Just Eat PLC (JE) Now Covered by Morgan Stanley

Stock analysts at Morgan Stanley started coverage on shares of Just Eat PLC (LON:JE) in a research report issued to clients and investors on Thursday. The firm set an “equal weight” rating and a GBX 133 ($1.69) price target on the stock. Morgan Stanley’s price target indicates a potential downside of 80.27% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. Deutsche Bank AG increased their price objective on shares of Just Eat PLC from GBX 725 ($9.24) to GBX 785 ($10.00) and gave the stock a “buy” rating in a research report on Wednesday, June 7th. Numis Securities Ltd reissued an “add” rating and set a GBX 650 ($8.28) price objective on shares of Just Eat PLC in a research report on Tuesday, March 7th. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 825 ($10.51) price objective on shares of Just Eat PLC in a research report on Wednesday, May 3rd. Macquarie reissued an “outperform” rating and set a GBX 730 ($9.30) price objective on shares of Just Eat PLC in a research report on Monday. Finally, Peel Hunt assumed coverage on shares of Just Eat PLC in a research report on Wednesday, May 31st. They set a “buy” rating and a GBX 895 ($11.40) price objective for the company. Two investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Just Eat PLC currently has an average rating of “Buy” and an average price target of GBX 690.06 ($8.79).

Analyst Recommendations for Just Eat PLC (LON:JE)

Just Eat PLC (JE) opened at 667.00 on Thursday. The firm has a 50-day moving average of GBX 627.32 and a 200 day moving average of GBX 574.15. The firm’s market cap is GBX 4.53 billion. Just Eat PLC has a 52-week low of GBX 385.50 and a 52-week high of GBX 688.00.

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About Just Eat PLC

Just Eat plc is a United Kingdom-based operator of digital marketplace for takeaway food delivery. The Company’s segments include the UK, Australia & New Zealand, Established Markets and Developing Markets. The Established Markets includes Benelux, Canada, Denmark, France, Ireland, Norway and Switzerland.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:JE”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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