UBS maintains buy rating for Just Eat Takeaway with target price of 1715 pence

Just Eat Takeaway has been given a "Buy" rating by UBS, with a target price of 1715 pence.

The company's third-quarter figures have been released, and despite challenges in key sales regions such as Northern Europe and North America, the overall growth of the food supplier remains within the lower end of the company's forecasted target corridor.

Analyst Jo Barnet-Lamb has noted that the performance in these regions did not meet expectations, reflecting a cautious outlook on Just Eat Takeaway's market performance as it deals with fluctuating demand in its primary markets.

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