A statement released earlier today by Vetr Inc. about GrubHub Inc (NYSE:GRUB) bumps the target price to $41.00
- Updated: September 17, 2016
Vetr Inc. upped the target price of GrubHub Inc (NYSE:GRUB) to $41, indicating a possible upside of 0.08%.
Boasting a price of $38.03, GrubHub Inc (NYSE:GRUB) traded 0.75% higher on the day. The last stock price is up 40.14% from the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same time period. The company has been tracking to a 50-day average of $38.81 and two hundred day average of $29.60. 2,465,790 shares of GRUB were exchanged, up from ann average trading volume of 1,902,230
Recent Performance Chart:
GrubHub Inc has a PE of 86 with a 52 week low of $17.77 and a 52 week high of $42.97. GrubHub Inc’s total market value is presently $0.0.
A total of 17 analysts have released a ratings update on GRUB. Seven analysts rate the company a strong buy, six analysts rate the stock a buy, seven firms rate the stock a hold, 0 rate the stock to underperform, and lastly 0 brokeragesrate the company as sell with an average target of $30.65
About GrubHub Inc (NYSE:GRUB)
Grubhub Inc. (Grubhub) is a provider of an online and mobile platform for restaurant pick-up and delivery orders. The Company connects more than 40, 000 local restaurants with diners in more than 1, 000 cities across the United States. For restaurants, Grubhub generates higher margin takeout orders at full menu prices. The Company’s target market is primarily consists of independent restaurants. Diners can access the platform through www.grubhub.com and www.seamless.com. The Company offers diners access to the network through its mobile applications designed for iPhone, iPad, Android, iWatch and Apple TV devices. The Company provides a corporate program that helps businesses address problems in food ordering and associated billing. In certain markets, the Company also provides delivery services to restaurants on its platform that do not have their own delivery operations. Allmenus.com and MenuPages.com provide an aggregated database of approximately 380, and 000 menus from restaurants.
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