J.P. Morgan Sticks to Its Buy Rating for Just Eat Takeaway.com N.V. (TKWY)
J.P. Morgan analyst Marcus Diebel maintained a Buy rating on Just Eat Takeaway.com N.V. today and set a price target of €20.00. The company’s shares closed last Friday at €20.07.
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Diebel covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, AUTO1 Group SE, and HelloFresh SE. According to TipRanks, Diebel has an average return of -1.8% and a 44.52% success rate on recommended stocks.
Currently, the analyst consensus on Just Eat Takeaway.com N.V. is a Hold with an average price target of €20.52, implying a 2.24% upside from current levels. In a report released on July 15, Kepler Capital also maintained a Buy rating on the stock with a €23.00 price target.
Based on Just Eat Takeaway.com N.V.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €993 million and a GAAP net loss of €1.34 billion. In comparison, last year the company earned a revenue of €2.58 billion and had a GAAP net loss of €1.59 billion
