TD Securities Raises Just Energy Group Inc (JE) Price Target to C$9.50
Just Energy Group Inc (TSE:JE) had its price objective boosted by investment analysts at TD Securities from C$8.50 to C$9.50 in a report issued on Wednesday, StockTargetPrices.com reports. The brokerage presently 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 current price.
Separately, Royal Bank Of Canada restated a “sector perform” rating and set a C$8.50 price target on shares of Just Energy Group in a research note on Friday, September 16th.
Shares of Just Energy Group (TSE:JE) traded up 5.90% during midday trading on Wednesday, hitting $6.82. 1,403,614 shares of the stock were exchanged. The firm 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 stock’s 50 day moving average is $6.94 and its 200 day moving average is $7.68.
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The company also recently announced a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Friday, September 30th were paid a $0.125 dividend. The ex-dividend date of this dividend was Tuesday, September 13th. This represents a $0.50 dividend on an annualized basis and a yield of 7.76%.
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.
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