Just Energy Group Inc (JE) Earns “Buy” Rating from HC Wainwright
Just Energy Group Inc (TSE:JE) (NYSE:JE)‘s stock had its “buy” rating restated by analysts at HC Wainwright in a research report issued on Friday.
JE has been the topic of a number of other research reports. TD Securities lowered shares of Just Energy Group from an “action list buy” rating to a “buy” rating and cut their price objective for the stock from C$11.00 to C$9.50 in a research report on Saturday. Royal Bank of Canada cut their price objective on shares of Just Energy Group from C$8.00 to C$7.50 and set a “sector perform” rating on the stock in a research report on Friday, May 19th. Canaccord Genuity reissued a “buy” rating on shares of Just Energy Group in a research report on Friday, May 19th. Finally, FBR & Co reissued an “outperform” rating on shares of Just Energy Group in a research report on Friday, May 19th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of C$8.50.
Just Energy Group (TSE:JE) traded down 0.28% on Friday, hitting $7.09. 236,192 shares of the stock were exchanged. The company has a 50 day moving average of $8.23 and a 200 day moving average of $7.69. The stock has a market capitalization of $1.05 billion and a P/E ratio of 2.93. Just Energy Group has a one year low of $6.41 and a one year high of $8.73.
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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