Just Energy Group PT Lowered to C$7.00 (JE)
Equities research analysts at RBC Capital decreased their price target on shares of Just Energy Group (TSE:JE) from C$7.50 to C$7.00 in a research note issued to investors on Friday, StockRatingsNetwork.com reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s price target would suggest a potential upside of 2.49% from the stock’s previous close.
Just Energy Group (TSE:JE) traded up 1.34% on Friday, hitting $6.83. 366,167 shares of the company’s stock traded hands. Just Energy Group has a 52-week low of $5.89 and a 52-week high of $11.07. The stock’s 50-day moving average is $6.82 and its 200-day moving average is $7.40. The company has a P/E ratio of 5.91.
The company also recently declared a oct 13 dividend, which is scheduled for Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a dividend of $0.07 per share.
Just Energy Group Inc (TSE:JE), formerly Just Energy Income Fund, is engaged in the sale of natural gas and/or electricity to residential and commercial customers under long-term, fixed-price, price-protected or variable-priced contracts and green energy products.
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