B. Riley Analysts Give Just Energy Group, Inc. (JE) a $6.25 Price Target
Just Energy Group, Inc. (NYSE:JE) (TSE:JE) has been assigned a $6.25 target price by equities research analysts at B. Riley in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the utilities provider’s stock. B. Riley’s target price would suggest a potential upside of 37.97% from the company’s previous close. B. Riley also issued estimates for Just Energy Group’s Q3 2018 earnings at $0.20 EPS, Q4 2018 earnings at $0.14 EPS, FY2018 earnings at $0.50 EPS, Q1 2019 earnings at $0.07 EPS, Q2 2019 earnings at $0.15 EPS, Q3 2019 earnings at $0.16 EPS, Q4 2019 earnings at $0.13 EPS and FY2019 earnings at $0.50 EPS.
JE has been the topic of several other reports. Zacks Investment Research cut Just Energy Group from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. ValuEngine raised Just Energy Group from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. HC Wainwright set a $10.00 target price on Just Energy Group and gave the stock a “buy” rating in a report on Friday, August 11th. BidaskClub raised Just Energy Group from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. Finally, Canaccord Genuity reaffirmed a “hold” rating and issued a $7.25 target price on shares of Just Energy Group in a report on Monday, October 16th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Just Energy Group presently has a consensus rating of “Buy” and an average price target of $7.17.
Shares of Just Energy Group (NYSE JE) traded up $0.02 during trading on Wednesday, hitting $4.53. The stock had a trading volume of 137,708 shares, compared to its average volume of 154,487. Just Energy Group has a fifty-two week low of $4.41 and a fifty-two week high of $6.35. The stock has a market capitalization of $665.24, a P/E ratio of 4.31 and a beta of 1.02. The company has a quick ratio of 1.12, a current ratio of 1.16 and a debt-to-equity ratio of -7.46.
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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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