Just Energy Group Inc (TSE:JE) (NYSE:JE) has been given a consensus rating of “Buy” by the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$6.50.
Several equities analysts recently commented on the stock. Royal Bank of Canada upgraded shares of Just Energy Group from a “sector perform” rating to an “outperform” rating and decreased their price target for the company from C$7.50 to C$7.00 in a research note on Monday, December 18th. National Bank Financial decreased their price target on shares of Just Energy Group from C$6.25 to C$6.00 and set a “sector perform” rating on the stock in a research note on Monday, November 27th. Finally, TD Securities downgraded shares of Just Energy Group from a “buy” rating to a “hold” rating and decreased their price target for the company from C$9.50 to C$6.50 in a research note on Friday, November 10th.
Just Energy Group (JE) opened at C$5.03 on Thursday. The firm has a market cap of $738.67, a PE ratio of 7.62 and a beta of 0.57. Just Energy Group has a 1 year low of C$5.00 and a 1 year high of C$8.62.
In other news, insider Ron Joyce acquired 100,000 shares of Just Energy Group stock in a transaction on Monday, November 27th. The shares were purchased at an average cost of C$5.35 per share, for a total transaction of C$535,000.00. Also, insider Morgan Smith acquired 10,000 shares of Just Energy Group stock in a transaction on Tuesday, December 12th. The shares were purchased at an average price of C$4.15 per share, for a total transaction of C$41,500.00.
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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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