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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Just Eat - Jefferies has £10 price target!

January 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Just Eat, the world’s leading marketplace for online food delivery, cheered investors by increasing its expectations for full year revenues once again from £368m to £371m, with EBITDA raised from £106m-£108m to £109-£111m. This follows a very strong third quarter with like-for-like orders rising 34%.The key UK territory increased orders 28% (2015: +50%) notwithstanding a significantly warmer and drier summer than 2015 and tough year on year comparables. Interestingly, the digital revolution rolls on with more than 80% of UK orders now made via a mobile device.Tipped at 444p in July ‘16, the shares have gained a useful 32%. But with Credit Suisse targeting a 640p share price and ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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