Just Energy Group Inc (JE) Price Target Raised to C$9.50 at TD Securities
Just Energy Group Inc (TSE:JE) had its price target lifted by analysts at TD Securities from C$8.50 to C$9.50 in a research note issued on Wednesday. The brokerage presently has an “action list buy” rating on the stock. TD Securities’ target price points to a potential upside of 47.52% from the company’s current price.
Separately, Royal Bank Of Canada restated a “sector perform” rating and set a C$8.50 price objective on shares of Just Energy Group in a research report on Friday, September 16th.
Shares of Just Energy Group (TSE:JE) traded up 5.90% during mid-day trading on Wednesday, hitting $6.82. The stock had a trading volume of 1,403,614 shares. The stock has a market cap of $1.01 billion and a P/E ratio of 2.47. Just Energy Group has a 12-month low of $6.41 and a 12-month high of $10.22. The company’s 50 day moving average price is $6.94 and its 200 day moving average price is $7.68.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 30th were issued a $0.125 dividend. The ex-dividend date was Tuesday, September 13th. This represents a $0.50 annualized dividend and a yield of 7.76%.
About Just Energy Group
Just Energy Group Inc (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.
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