Citigroup Downgrades Just Eat (LON:JE) to Neutral
Just Eat (LON:JE) was downgraded by Citigroup to a “neutral” rating in a report released on Wednesday, ThisIsMoney.Co.Uk reports. They presently have a GBX 805 ($10.52) price objective on the stock, up from their previous price objective of GBX 690 ($9.02). Citigroup‘s price objective would indicate a potential upside of 5.84% from the company’s previous close.
Other equities research analysts also recently issued reports about the company. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 750 ($9.80) price target on shares of Just Eat in a research report on Tuesday, July 30th. Jefferies Financial Group cut their price target on Just Eat from GBX 1,150 ($15.03) to GBX 1,100 ($14.37) and set a “buy” rating on the stock in a research report on Tuesday. Numis Securities raised Jus ...