On Jun 27, 2018 JP Morgan Cazenove Maintains Stock Underweight Rating on Just Eat (LON:JE) and GBX 775.00 Target.

June 27, 2018 - By Jeanette Garcia

Just Eat plc (LON:JE) Corporate Logo

Reiterated Just Eat (LON:JE) Rating.

After JP Morgan Cazenove’s GBX 775.00 target price per share was shared with investors on Tuesday morning, Just Eat (LON:JE) would suggest -6.33 % downside potential.

Just Eat plc (LON:JE) Ratings Coverage

In total 14 analysts cover Just Eat (LON:JE). “Buy” rating has 9, “Sell” are 3, while 2 are “Hold”. 64% are bullish. 57 are the (LON:JE)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. On Wednesday, March 28 the rating was maintained by Goldman Sachs with “Conviction Buy”. On Tuesday, May 1 the stock has “Buy” rating by Liberum Capital. The stock rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, March 6. On Thursday, February 1 Peel Hunt maintained Just Eat plc (LON:JE) with “Buy” rating. On Wednesday, April 4 the rating was maintained by Peel Hunt with “Buy”. On Thursday, June 14 the company was maintained by Barclays Capital. On Wednesday, May 2 the rating was maintained by Deutsche Bank with “Sell”. On Thursday, February 1 the rating was maintained by Liberum Capital with “Buy”. On Tuesday, March 13 the rating was maintained by BNP Paribas with “Underperform”. On Monday, January 15 the firm has “Buy” rating given by Liberum Capital.

Ticker’s shares touched GBX 809.2 during the last trading session after 0.47% change.Currently Just Eat plc is after 0.00% change in last June 27, 2017. JE has also 459,651 shares volume. JE underperformed the S&P500 by 12.57%.

Earnings report for Just Eat plc (LON:JE) is awaited on August, 8., RTT reports. The EPS diference is $0.06 or 42.86 % down from last years number. Previous year: $0.14; Analysts forcast: $0.08. If EPS of $0.08 is revealed the profit of JE could hit $543,945 giving it 2528.75 P/E. Wall Street now sees -50.00 % negative EPS growth despite Just Eat plc previous quarter’s EPS of $0.16.

Just Eat plc, together with its subsidiaries, operates digital marketplace for takeaway food delivery.The firm is worth 5.50 billion GBP. The firm enables clients to order and pay for food from its restaurant partners.Last it reported negative earnings. It serves approximately 21.5 million clients and 82,300 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Norway, Switzerland, Italy, Mexico, and Spain.

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