Breaking: GrubHub (GRUB) Outperform Rating Maintained by Oppenheimer Today; The Target Price per Share is Set to $130.0

June 14, 2018 - By Jeanette Kaplan

GrubHub (GRUB) Rating Reaffirmed

The broker has just set a target price of $130.0 on GrubHub (GRUB) shares. This is 113.04 % from the close price. In a note shared with investors and clients on Thursday, 14 June, Oppenheimer reaffirmed their Outperform rating on shares of GRUB.

The stock increased 3.35% or $3.88 during the last trading session, reaching $119.86. About 2.67M shares traded or 83.13% up from the average. GrubHub Inc. (GRUB) has risen 140.33% since June 14, 2017 and is uptrending. It has outperformed by 127.76% the S&P500.

Analysts await GrubHub Inc. (NYSE:GRUB) to report earnings on August, 2. They expect $0.30 EPS, up 36.36 % or $0.08 from last year’s $0.22 per share. GRUB’s profit will be $27.07 million for 99.88 P/E if the $0.30 EPS becomes a reality. After $0.44 actual EPS reported by GrubHub Inc. for the previous quarter, Wall Street now forecasts -31.82 % negative EPS growth.

GrubHub Inc., together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company has market cap of $10.82 billion. The firm connects approximately 50,000 local restaurants with diners in approximately 1,100 cities. It has a 107.02 P/E ratio. It offers GrubHub and Seamless mobile applications and mobile Websites for iPhone, Android, iPad, Apple Watch, and Apple TV devices; and operates GrubHub and Seamless Websites through grubhub.com and seamless.com.

Another recent and important GrubHub Inc. (NYSE:GRUB) news was published by Seekingalpha.com which published an article titled: “GrubHub: The Bullish Story Is Still Intact” on May 16, 2018.

GrubHub Inc. (NYSE:GRUB) Ratings Chart

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