Just Eat (LON:JE) Add Rating Reiterated at Peel Hunt

Just Eat (LON:JE) Rating

In a note sent to investors on 29 September, Peel Hunt kept their Add rating on shares of Just Eat (LON:JE).

Out of 15 analysts covering Just Eat (LON:JE), 12 rate it a “Buy”, 2 “Sell”, while 1 “Hold”. This means 80% are positive. GBX 1000 is the highest target while GBX 330 is the lowest. The GBX 610 average target is 12.03% above today’s (GBX 544.5) stock price. Just Eat has been the topic of 86 analyst reports since October 12, 2015 according to StockzIntelligence Inc. Peel Hunt maintained the stock on September 29 with “Add” rating. Barclays Capital downgraded it to “Equal Weight” rating and GBX 630 target price in an August 25 report. Canaccord Genuity maintained the shares of JE in a report on September 20 with “Buy” rating. Goldman Sachs maintained the firm’s rating on August 19. Goldman Sachs has “Conviction Buy” rating and GBX 690 price target. Lastly, Bank of America maintained the stock with “Buy” rating in a September 2 report.

About 207,781 shares traded hands. Just Eat PLC (LON:JE) has risen 41.43% since February 29, 2016 and is uptrending. It has outperformed by 30.18% the S&P500.

Analysts await Just Energy Group Inc (NYSE:JE) to report earnings on November, 10. They expect $-0.16 EPS, up 65.96% or $0.31 from last year’s $-0.47 per share. After $-0.04 actual EPS reported by Just Energy Group Inc for the previous quarter, Wall Street now forecasts 300.00% negative EPS growth.

JUST EAT plc is a United Kingdom-based operator of digital marketplace for takeaway food delivery. The company has a market cap of 3.69 billion GBP. The Company’s divisions include United Kingdom, Australia and New Zealand, Established Markets and Developing Markets. It has a 96.83 P/E ratio. The Established Markets segment includes Canada, Denmark, France Ireland, Norway and Switzerland.

According to Zacks Investment Research, “Just Energy Group Inc. is engaged in the sale of natural gas and/or electricity to residential and commercial customers under long-term fixed-price and price-protected contracts. It also offers green products through its JustGreen and JustClean programs. Just Energy also sells and rents high efficiency and tankless water heaters, air conditioners and furnaces to Ontario residents. It also produces and sells wheat-based ethanol through its subsidiary Terra Grain Fuels. Just Energy Group Inc. is based in Toronto.”

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