GrubHub (NYSE:GRUB) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.76 by 17 Brokerage Firm. 10 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Brokerage firm Monness Crespi Hardt upgrades its rating on GrubHub (NYSE:GRUB). The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on June 6, 2016.
GrubHub (NYSE:GRUB) stock has received a short term price target of $ 30.31 from 13 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $4.19. The higher estimate of target price is $37 , while the lower price target estimate is $22
GrubHub (NYSE:GRUB) witnessed a decline in the market cap on Tuesday as its shares dropped 2.65% or 0.81 points. After the session commenced at $30.5, the stock reached the higher end at $30.77 while it hit a low of $29.52. With the volume soaring to 1,227,917 shares, the last trade was called at $29.78. The company has a 52-week high of $36.41. The company has a market cap of $2,523 million and there are 84,717,401 shares in outstanding. The 52-week low of the share price is $17.77.
Shares of GrubHub Inc. rose by 7.63% in the last five trading days and 30.61% for the last 4 weeks. GrubHub Inc. is up 26.83% in the last 3-month period. Year-to-Date the stock performance stands at 23.06%.
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.