Just Eat PLC

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Market Cap:
£4.55 billion
52 weeks high
52 weeks low

Viewing results 1-25 of 92


Just Eat investors tussle over 'grossly inadequate' Takeaway.com bid

Eminence Capital said the Takeaway.com bid for Just Eat significantly undervalued the FTSE 100 group, but rival hedge fund Cat Rock still backs the deal...

2 weeks, 4 days ago

Just Eat merger may not complete, warns Deutsche Bank

The German bank said it saw "high execution risk" for the £9bn merger with Dutch rival Takeaway.com as the implied value for JE's shares was "below market value"...

on 13/8/19

Just Eat confirms £9bn merger with Dutch rival Takeaway.com

The pair said the merger would create "one of the world's largest online food delivery platforms" ...

on 5/8/19
Retail & consumer

Just Eat surges as merger 'in principle' with Takeaway.com sparks hopes for bidding war

The FTSE 100 company has agreed a deal in principle, where it will merge with its Dutch rival and be headquartered in Amsterdam...

on 29/7/19
Retail & consumer

Just Eat to cut jobs as part of reorganisation amid tough competition UberEats and Deliveroo

Peel Hunt maintained a ‘sell’ rating on Just Eat and a target price on 520p....

on 23/7/19
Retail & consumer

Fiery competition from Deliveroo and Uber makes Just Eat a little too spicy for Berenbergs liking

The German bank expects Deliveroo and Uber Eats to continue their aggressive market grab, while Just Eat bosses are unlikely to approve the sale of key assets – which could unlock value – during the current investment phase...

on 9/7/19
Retail & consumer

Just Eat brings ex-Uber Eats Europe boss onto board

Jambu Palaniappan was formerly head of Uber Eats’ for Europe, Africa and the Middle East, and Just Eat will now be able to tap into his knowledge ...

on 24/6/19
Retail & consumer

UBS chops Just Eat to ‘neutral’ from ‘buy’, slices target price as supportive signals not come through

The Swiss bank's analysts said: “Three surprises drive our more cautious view: negative trends for JE UK brand perception, a re-acceleration of UK share loss, and worrying search trends in many markets" ...

on 19/6/19
Retail & consumer

Marks & Spencer finals to fix FTSE 100 future

High street retailer has sunk to the relegation places in the FTSE 100 index...

on 22/5/19
Retail & consumer

Just Eat shares go sour as Amazon backs Deliveroo in US$575mln funding round

The funding round takes the total amount raised by Deliveroo to US$1.53bn...

on 17/5/19
Retail & consumer

Domino’s can’t keep on raising prices to drive growth, warns UBS as it downgrades to 'sell'

To offset sluggish like-for-like growth, Domino’s has put its prices up, but it can’t do that forever, says UBS, especially given how cash-conscious consumers are...

on 17/5/19
Retail & consumer

Just Eat double-downgraded to ‘underweight’ as JP Morgan sounds alarm on UK order growth

In a note, the investment bank said the firm’s UK market remained its most “significant share price driver”, but order growth in the territory had slowed to 7% in its latest first quarter from 13% in the fourth quarter of 2018...

on 1/5/19
Retail & consumer

Just Eat blames warm February weather as it posts weakest Q1 order growth since listing

Analysts think competition from the deep-pocketed Uber Eats and Deliveroo is starting to bite at Just Eat, with order growth in its core UK market slipping to just 7% in the first quarter...

on 26/4/19
Industry & services

Why Uber’s upcoming US$100bn+ IPO could be bad news for Just Eat

Uber is reportedly looking to raise US$10bn as part of its float, and Peel Hunt thinks some of the money will go towards beefing up Uber Eats, which has proved itself to be an important part of the group ...

on 12/4/19
Retail & consumer

Barclays concerned that Uber Eats will eat into Just Eat’s market share in 2019

Analysts said there is “clear anecdotal evidence” that Uber Eats is readying itself for a big year of expansion in the UK...

on 7/3/19
Retail & consumer

Just Eat swings back to a profit as recent investments start to deliver

Surging delivery orders, coupled with growing marketplace orders and the inclusion of HungryHouse helped revenue and profits to jump in 2018...

on 6/3/19
Retail & consumer

Just Eat to re-join FTSE 100 index next month, just one quarter after demotion; Phoenix Group also gains blue chip status

The FTSE UK indexes quarterly reshuffle was announced after the London market close on Wednesday, with the changes to come in effect at the start of trading on Monday 18 March...

on 28/2/19
Industry & services

Is Uber Eats’ delivery charge cut and new marketplace just a case of playing catch up with Just Eat?

The company’s plans to cap its fees charged to restaurants and launch a marketplace for eateries to use their own delivery drivers has come "too little, too late" for some analysts...

on 21/2/19
Industry & services

Market is undervaluing Just Eat’s overseas businesses, argues UBS

The Swiss investment bank thinks the market is attributing just £700mln to Just Eat’s assets outside of the UK and Canada, but it argues that the Brazilian joint venture alone is worth more than that...

on 12/2/19
Retail & consumer

Just Eat in demand as major shareholder calls for merger talks

Cat Rock wants Just Eat to explore a merger with a “well-run industry peer” rather than appoint a new boss, blaming the board’s poor track record of CEO selection...

on 11/2/19
Retail & consumer

Just Eat seen as possible takeover target as takeaway delivery sector consolidates

The departure of Just Eat boss Peter Plumb "isn’t a surprise given how the company’s share price had lost upward momentum under his tenure, plus the business had come under attack from activist investor Cat Rock," said AJ Bell's Russ Mould...

on 21/1/19
Retail & consumer

Just Eat says CEO to step down as it raises 2018 guidance and expects growth in 2019

Just Eat expects 2019 revenue and earnings to grow on the back of improved margins and its Canadian business, SkipTheDishes, deliver its first full year profit...

on 21/1/19
Retail & consumer

Investors want a bite of Just Eat as Delivery Hero sells German business to rival for US$1bn

Consolidation has been a key part of the food delivery sector over the past year or so, a trend that is expected to continue as firms battle it out for dominance...

on 21/12/18
Retail & consumer

City broker repeats bullish Just Eat price target; thinks shares are worth more than double

Liberum thinks the recent calls made by an activist investor increase the probability of Just Eat being taken out or taken private...

on 18/12/18
Retail & consumer

US activist investors slams Just Eat for 'significant underperformance'

Activist investor Cat Rock called on Just Eat to offload non-core assets and change “flawed metrics” on executive pay...

on 17/12/18