Just Energy Group Inc (JE) Given New C$7.50 Price Target at Royal Bank of Canada
Just Energy Group Inc (TSE:JE) (NYSE:JE) had its target price dropped by equities researchers at Royal Bank of Canada from C$8.00 to C$7.50 in a report released on Friday. The firm currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 3.88% from the company’s previous close.
Separately, TD Securities restated an “action list buy” rating and issued a C$11.00 price objective on shares of Just Energy Group in a report on Tuesday, April 18th.
Shares of Just Energy Group (TSE:JE) traded up 0.14% during mid-day trading on Friday, reaching $7.22. 1,112,526 shares of the company’s stock traded hands. The company’s 50-day moving average price is $8.27 and its 200-day moving average price is $7.68. Just Energy Group has a 12-month low of $6.41 and a 12-month high of $8.73. The stock has a market capitalization of $1.07 billion and a PE ratio of 2.49.
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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