Just Eat Takeaway.com (LON:JET – Get Rating) had its price target raised by investment analysts at JPMorgan Chase & Co. from GBX 3,391 ($44.12) to GBX 3,724 ($48.45) in a report issued on Thursday, MarketBeat reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 68.38% from the stock’s previous close.
Several other equities analysts have also recently weighed in on JET. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Just Eat Takeaway.com from GBX 7,800 ($101.48) to GBX 4,980 ($64.79) and set a “buy” rating on the stock in a research report on Wednesday, March 9th. Barclays reissued an “overweight” rating on shares of Just Eat Takeaway.com in a research note on Wednesday, April 13th. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 7,985.82 ($103.90).
LON JET opened at GBX 2,211.69 ($28.78) on Thursday. Just Eat Takeaway.com has a twelve month low of GBX 2,072.50 ($26.96) and a twelve month high of GBX 8,008 ($104.19). The company has a debt-to-equity ratio of 20.06, a quick ratio of 1.31 and a current ratio of 1.45. The stock has a market cap of £4.75 billion and a price-to-earnings ratio of -4.83. The firm’s 50 day moving average price is GBX 2,675.30 and its two-hundred day moving average price is GBX 3,871.32.
Just Eat Takeaway.com N.V. operates an online food delivery marketplace. The company focuses on connecting consumers and restaurants through its platforms. It serves in Canada, the United States, Austria, Belgium, Denmark, Germany, Luxembourg, Norway, Poland, Switzerland, Slovakia, the Netherlands, Australia, Bulgaria, France, Israel, Italy, New Zealand, Portugal, Romania, and Spain, as well as through partnerships in Colombia and Brazil.
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