Just Eat PLC (JE) Insider Sells £29,450 in Stock

Just Eat PLC (LON:JE) insider Helen A. Weir sold 5,000 shares of the business’s stock in a transaction on Friday, November 30th. The shares were sold at an average price of GBX 589 ($7.70), for a total value of £29,450 ($38,481.64).

Shares of Just Eat stock opened at GBX 565 ($7.38) on Thursday. Just Eat PLC has a twelve month low of GBX 544 ($7.11) and a twelve month high of GBX 906 ($11.84).

A number of research firms have recently commented on JE. Credit Suisse Group upped their price objective on Just Eat from GBX 920 ($12.02) to GBX 970 ($12.67) and gave the stock an “outperform” rating in a report on Thursday, September 6th. Peel Hunt restated a “buy” rating on shares of Just Eat in a report on Friday, August 31st. Morgan Stanley set a GBX 780 ($10.19) price objective on Just Eat and gave the stock a “neutral” rating in a report on Monday, October 8th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Just Eat in a report on Monday, September 24th. Finally, Royal Bank of Canada restated a “top pick” rating and set a GBX 950 ($12.41) price objective on shares of Just Eat in a report on Monday, October 15th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of GBX 871.82 ($11.39).

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About Just Eat

Just Eat plc, together with its subsidiaries, operates digital marketplace for takeaway food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 21.5 million customers 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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