Peel Hunt Reiterates Its Sell Rating on Just Eat (LON:JE) Shares Today

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Just Eat (LON:JE) Rating Reaffirmed

This Morning, Peel Hunt reconfirmed their Sell rating on Just Eat (LON:JE) shares in a research report issued to clients.

Just Eat plc (LON:JE) Ratings Coverage

Among 13 analysts covering Just Eat (LON:JE), 8 have Buy rating, 2 Sell and 3 Hold. Therefore 62% are positive. Just Eat has GBX 3300 highest and GBX 520 lowest target. GBX 857.92’s average target is 47.26% above currents GBX 582.6 stock price. Just Eat had 49 analyst reports since June 11, 2018 according to SRatingsIntel. The rating was maintained by Peel Hunt on Monday, October 1 with “Buy”. The firm earned “Neutral” rating on Thursday, November 22 by JP Morgan. Credit Suisse maintained it with “Outperform” rating and GBX 920 target in Thursday, August 23 report. Peel Hunt maintained the stock with “Sell” rating in Friday, November 30 report. The firm has “Buy” rating given on Wednesday, August 1 by Peel Hunt. The rating was upgraded by RBC Capital Markets to “Outperform” on Monday, June 11. The stock of Just Eat plc (LON:JE) has “Buy” rating given on Tuesday, July 10 by Peel Hunt. Deutsche Bank maintained Just Eat plc (LON:JE) on Friday, June 22 with “Sell” rating. Canaccord Genuity maintained Just Eat plc (LON:JE) on Tuesday, July 31 with “Hold” rating. The stock has “Outperform” rating by RBC Capital Markets on Thursday, June 28.

The stock decreased 2.93% or GBX 17.6 during the last trading session, reaching GBX 582.6. About 1.51 million shares traded. Just Eat plc (LON:JE) has 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Just Eat plc, together with its subsidiaries, operates digital marketplace for takeaway food delivery. The company has market cap of 3.95 billion GBP. The firm enables clients to order and pay for food from its restaurant partners. It currently has negative earnings. It operates in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Norway, Switzerland, Italy, Mexico, and Spain.

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