GrubHub (GRUB) : 17 analysts are covering GrubHub (GRUB) and their average rating on the stock is 2.24, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. GrubHub (GRUB) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 1, which recommends a Strong Buy affirms that they expect a large upside in the stock from the current levels. A total of 10 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
GrubHub (GRUB) : The highest short term price target forecast on GrubHub (GRUB) is $47 and the lowest target price is $22. A total of 14 equity analysts are currently covering the company. The average price of all the analysts is $37 with a standard deviation of $7.55.
For the current week, the company shares have a recommendation consensus of Buy.
GrubHub (NYSE:GRUB): The stock opened at $39.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $39.23 for the day. The stock traded down to $38.08 during the day, due to lack of any buying support eventually closed down at $38.52 with a loss of -1.23% for the day. The stock had closed at $39.00 on the previous day. The total traded volume was 1,296,346 shares.
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.