GrubHub Inc (NYSE:GRUB) target price lowered to $42.00, released a research note earlier today by Mizuho
- Updated: February 12, 2017
Stating a potential upside of 0.05%, Mizuho bumped down the target of GrubHub Inc (NYSE:GRUB) to $42.00
Having a price of $39.86, GrubHub Inc (NYSE:GRUB) traded -1.39% lower on the day. With the last stock price up -3.69% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.06% over the same period. GRUB has recorded a 50-day average of $39.10 and a two hundred day average of $39.11. Trade Volume was up over the average, with 2,288,864 shares of GRUB changing hands over the typical 1,667,440
Recent Performance Chart
GrubHub Inc has PE ratio of 68.49 with a one year low of $21.21 and a one year high of $44.58 and has a market capitalization of $0.
A total of 17 brokerages have issued a ratings update on GrubHub Inc. Seven brokerages rating the company a strong buy, six brokerages rating the company a buy, seven brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $30.65.
General Company Details For 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 380,000 menus from restaurants.
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