Just Eat Takeaway.com (LON:JET) Price Target Cut to GBX 7,130

Just Eat Takeaway.com (LON:JET) had its price objective dropped by stock analysts at Barclays from GBX 8,910 ($120.94) to GBX 7,130 ($96.78) in a report released on Thursday, Analyst Price Targets reports. The firm presently has an “overweight” rating on the stock. Barclays‘s target price indicates a potential upside of 78.72% from the company’s previous close.

Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. reduced their target price on shares of Just Eat Takeaway.com from GBX 6,527 ($88.60) to GBX 6,285 ($85.31) and set an “overweight” rating on the stock in a research note on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Just Eat Takeaway.com in a research note on Tuesday, October 19th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 8,751.36 ($118.79).

JET opened at GBX 3,989.50 ($54.15) on Thursday. The company has a current ratio of 1.72, a quick ratio of 1.56 and a debt-to-equity ratio of 16.34. The stock has a market capitalization of £8.48 billion and a PE ratio of -12.47. Just Eat Takeaway.com has a 1-year low of GBX 3,504 ($47.56) and a 1-year high of GBX 8,604 ($116.79). The firm has a 50-day moving average price of GBX 4,404.64 and a two-hundred day moving average price of GBX 5,581.94.

Just Eat Takeaway.com Company Profile

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 the United Kingdom, Germany, Canada, the Netherlands, Australia, Austria, Belgium, Bulgaria, Denmark, France, Ireland, Israel, Italy, Luxembourg, New Zealand, Norway, Poland, Portugal, Romania, Spain, and Switzerland, as well as through partnerships in Colombia and Brazil.

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