Just Energy Group Inc (JE) Receives C$8.17 Average Price Target from Analysts
Shares of Just Energy Group Inc (TSE:JE) (NYSE:JE) have been assigned an average recommendation of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$8.17.
A number of research firms have commented on JE. TD Securities lowered shares of Just Energy Group from an “action list buy” rating to a “buy” rating and lowered their target price for the stock from C$11.00 to C$9.50 in a report on Saturday, May 20th. Royal Bank Of Canada decreased their price target on shares of Just Energy Group from C$8.00 to C$7.50 and set a “sector perform” rating for the company in a report on Friday, May 19th. HC Wainwright reissued a “buy” rating on shares of Just Energy Group in a report on Friday, May 19th. National Bank Financial decreased their price target on shares of Just Energy Group from C$8.00 to C$7.50 and set a “sector perform” rating for the company in a report on Monday, August 14th. Finally, Canaccord Genuity reissued a “buy” rating on shares of Just Energy Group in a report on Friday, May 19th.
Just Energy Group (JE) traded up 1.00% during midday trading on Monday, hitting $7.05. The stock had a trading volume of 148,456 shares. The company has a market cap of $1.03 billion and a P/E ratio of 15.16. The stock’s 50-day moving average is $6.69 and its 200-day moving average is $7.51. Just Energy Group has a one year low of $6.31 and a one year high of $8.62.
In other news, insider Ron Joyce sold 94,900 shares of the business’s stock in a transaction on Tuesday, June 27th. The shares were sold at an average price of C$7.06, for a total value of C$669,994.00. Insiders sold a total of 233,443 shares of company stock valued at $1,638,597 in the last three months.
Just Energy Group Company Profile
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.
Receive News & Stock Ratings for Just Energy Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Energy Group Inc and related stocks with our FREE daily email newsletter.