Stock Rating: UBS Reconfirms Just Eat (LON:JE) As Sell; Has Target Price per Share Of GBX 435.00

November 29, 2016 - By olga

Just Eat (LON:JE) Rating

UBS have a GBX 435.00 target on the stock. The target gives a potential downside of -25.64% from Just Eat (LON:JE)‘s last price. This rating was revealed in a report on Tuesday, 29 November.

Just Eat PLC (LON:JE) Ratings Coverage

Out of 16 analysts covering Just Eat (LON:JE), 12 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 75% are positive. GBX 1000 is the highest target while GBX 330 is the lowest. The GBX 658.19 average target is 12.52% above today’s (GBX 584.95) stock price. Just Eat has been the topic of 119 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Canaccord Genuity maintained the stock with “Buy” rating in Monday, March 7 report. As per Wednesday, March 16, the company rating was maintained by Citigroup. The firm earned “Equal Weight” rating on Thursday, August 25 by Barclays Capital. The company was maintained on Thursday, July 28 by Peel Hunt. The firm has “Overweight” rating by JP Morgan given on Wednesday, June 22. The stock of Just Eat PLC (LON:JE) earned “Sell” rating by UBS on Monday, February 1. As per Tuesday, May 24, the company rating was maintained by Jefferies. JP Morgan maintained the stock with “Overweight” rating in Friday, March 18 report. The stock of Just Eat PLC (LON:JE) has “Buy” rating given on Thursday, November 3 by Canaccord Genuity. As per Wednesday, March 2, the company rating was maintained by Barclays Capital.

The stock increased 0.59% or GBX 3.45 on November 29, hitting GBX 584.95. About 1.84 million shares traded hands. Just Eat PLC (LON:JE) has risen 50.65% since April 28, 2016 and is uptrending. It has outperformed by 45.39% the S&P500.

Analysts await Just Energy Group Inc (NYSE:JE) to report earnings on February, 8. They expect $0.12 earnings per share, up 300.00% or $0.09 from last year’s $0.03 per share. JE’s profit will be $17.80 million for 11.44 P/E if the $0.12 EPS becomes a reality. After $-0.36 actual earnings per share reported by Just Energy Group Inc for the previous quarter, Wall Street now forecasts -133.33% 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 3.96 billion GBP. The Company’s divisions include United Kingdom, Australia and New Zealand, Established Markets and Developing Markets. It has a 104.03 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.”

More news for Just Eat PLC (LON:JE) were recently published by: Fool.Co.Uk, which released: “Why Tesco plc, Debenhams plc and Just Eat plc have 25%+ upside” on June 07, 2016. Bloomberg.com‘s article titled: “Xbox, Apple and Robots Key to Just Eat’s Global Expansion” and published on July 28, 2016 is yet another important article.

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