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 hoisted by TD Securities from C$8.50 to C$9.50 in a research note issued on Wednesday, StockTargetPrices.com reports. The brokerage currently has an “action list buy” rating on the stock. TD Securities’ price objective would suggest a potential upside of 47.52% from the stock’s previous close.
Separately, Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$8.50 price objective on shares of Just Energy Group in a report on Friday, September 16th.
Shares of Just Energy Group (TSE:JE) traded up 5.90% on Wednesday, reaching $6.82. The company’s stock had a trading volume of 1,403,614 shares. Just Energy Group has a 1-year low of $6.41 and a 1-year high of $10.22. The stock has a 50-day moving average of $6.94 and a 200 day moving average of $7.68. The stock has a market capitalization of $1.01 billion and a PE ratio of 2.47.
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The firm also recently announced a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Friday, September 30th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 7.76%. The ex-dividend date was Tuesday, September 13th.
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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