GrubHub (NYSE:GRUB): 13 analysts have set the short term price target of GrubHub (NYSE:GRUB) at $29.85. The standard deviation of short term price target has been estimated at $4.76, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 37 and $22 respectively.
Many analysts have stated their opinion on the company shares. Monness Crespi Hardt upgrades its rating on GrubHub (NYSE:GRUB). Analysts at the Monness Crespi Hardt have a current rating of Buy on the shares. The shares were previously rated Neutral. The rating by the firm was issued on June 6, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP, Secretary, Gen Counsel) of Grubhub Inc., Drucker Margo had sold 3,100 shares worth of $77,500 in a transaction dated May 31, 2016. In this transaction, 3,100 shares were sold at $25 per share.
GrubHub (NYSE:GRUB) : On Monday heightened volatility was witnessed in GrubHub (NYSE:GRUB) which led to swings in the share price. The stock opened for trading at $28.03 and hit $28.82 on the upside , eventually ending the session at $28.25, with a gain of 0.93% or 0.26 points. The heightened volatility saw the trading volume jump to 999,685 shares. The 52-week high of the share price is $38.19 and the company has a market cap of $2,393 million. The 52-week low of the share price is at $17.77 .
GrubHub Inc. is an online and mobile platform for restaurant pick-up and delivery orders. The Company connects more than 30,000 local restaurants with diners in more than 800 cities across the United States. The Companys target market is primarily composed of independent restaurants. The Company provides diners on the platform with a personalized platform that helps them search for local restaurants and then place an order from an Internet-connected device. It also provides diners with information about their orders and status. In addition, the Company enables re-ordering by storing previous orders, preferences and payment information. The Companys products include GrubHub and seamless Websites, GrubHub and seamless mobile applications and mobile Website, seamless corporate program, allmenus and menupages, orderhub and boost, restaurant Websites and delivery.