Just Energy Group Inc Plans Jun 14 Dividend of C$0.07 (JE)
Just Energy Group (TSE:JE) announced a jun 14 dividend on Tuesday, June 3rd, Analyst Ratings Network reports. Stockholders of record on Monday, June 16th will be paid a dividend of 0.07 per share on Monday, June 30th.
A number of research firms have recently commented on JE. Analysts at CIBC reiterated an “underperform” rating on shares of Just Energy Group in a research note on Tuesday, May 20th. They now have a C$5.75 price target on the stock, down previously from C$7.50. On a related note, analysts at TD Securities downgraded shares of Just Energy Group from a “buy” rating to a “reduce” rating in a research note on Friday, May 16th. They now have a C$5.00 price target on the stock, down previously from C$10.00. Finally, analysts at National Bank Financial downgraded shares of Just Energy Group from an “outperform” rating to a “sector perform” rating in a research note on Friday, May 16th. They now have a C$8.50 price target on the stock, down previously from C$9.50. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of C$6.81.
Shares of Just Energy Group (TSE:JE) traded down 3.14% on Tuesday, hitting $5.87. The stock had a trading volume of 810,396 shares. Just Energy Group has a 52 week low of $5.86 and a 52 week high of $9.14. The stock’s 50-day moving average is $7.79 and its 200-day moving average is $8.02. The company has a P/E ratio of 5.22.
Just Energy Group Inc (TSE:JE) is engaged in the sale of natural gas and electricity to residential and commercial customers under long-term fixed-price, price-protected or variable-priced contracts.
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