JUST EAT PLC sees an upgrade to Slightly Positive due to a better fundamental star rating
The general evaluation of JUST EAT PLC (GB), a company active in the Internet industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date July 5, 2019, the closing price was GBp 642.20 and its potential was estimated at GBp 745.85.Just Eat operates a digital marketplace for takeaway food delivery. The Just Eat apps and websites enable customers to search for restaurants in their area using a variety of criteria, such as by cuisine choice and preference for delivery. Customers can read previous customer reviews and examine the menu. Details of the order are sent to the restaurant via Co.'s proprietary technology. The customer can pay online or by cash. Co. has four reportable segments: U.K., Australia and New Zealand, Established Markets and Developing Markets. Established markets include the operations in Canada, Denmark, France, Ireland, Norway and Switzerland. Developing Markets include Italy, Mexico and Spain.
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