Just Energy Group Inc (JE) Lowered to Buy at TD Securities
Just Energy Group Inc (TSE:JE) (NYSE:JE) was downgraded by stock analysts at TD Securities from an “action list buy” rating to a “buy” rating in a research note issued to investors on Saturday. They currently have a C$9.50 target price on the stock, down from their previous target price of C$11.00. TD Securities’ price target points to a potential upside of 31.58% from the stock’s current price.
Several other analysts also recently issued reports on the company. Royal Bank of Canada reissued a “sector perform” rating on shares of Just Energy Group in a report on Thursday, February 9th. Canaccord Genuity reissued a “buy” rating on shares of Just Energy Group in a report on Friday.
Just Energy Group (TSE:JE) opened at 7.22 on Friday. The firm’s 50-day moving average price is $8.27 and its 200 day moving average price is $7.68. Just Energy Group has a 52-week low of $6.41 and a 52-week high of $8.73. The firm has a market cap of $1.07 billion and a price-to-earnings ratio of 2.49.
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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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