Shares of Just Energy Group Inc (TSE:JE) (NYSE:JE) have been given a consensus rating of “Buy” by the six brokerages that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$8.17.

Several equities research analysts recently commented on the company. National Bank Financial cut their price target on Just Energy Group from C$8.00 to C$7.50 and set a “sector perform” rating for the company in a report on Monday, August 14th. FBR & Co reaffirmed an “outperform” rating on shares of Just Energy Group in a report on Friday, May 19th. Canaccord Genuity reaffirmed a “buy” rating on shares of Just Energy Group in a report on Friday, May 19th. HC Wainwright reaffirmed a “buy” rating on shares of Just Energy Group in a report on Friday, May 19th. Finally, Royal Bank Of Canada cut their price target on Just Energy Group from C$8.00 to C$7.50 and set a “sector perform” rating for the company in a report on Friday, May 19th.

In related news, insider Ron Joyce sold 94,900 shares of the company’s stock in a transaction that occurred on Tuesday, June 27th. The stock was sold at an average price of C$7.06, for a total value of C$669,994.00. Insiders have sold a total of 233,443 shares of company stock worth $1,638,597 in the last three months.

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Shares of Just Energy Group (JE) opened at 7.08 on Friday. The company’s 50-day moving average price is $6.88 and its 200 day moving average price is $7.46. Just Energy Group has a 52 week low of $6.31 and a 52 week high of $8.62. The company has a market cap of $1.04 billion and a P/E ratio of 15.23.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 29th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 7.06%. The ex-dividend date of this dividend is Thursday, September 14th.

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.

Analyst Recommendations for Just Energy Group (TSE:JE)

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