Just Energy Group Inc (TSE:JE) (NYSE:JE) has been assigned an average recommendation of “Buy” from the six analysts that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$6.50.
A number of equities analysts recently issued reports on the stock. 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 for the company in a research note on Monday, November 27th. Royal Bank of Canada raised shares of Just Energy Group from a “sector perform” rating to an “outperform” rating and decreased their price target for the stock from C$7.50 to C$7.00 in a research note on Monday, December 18th. Finally, TD Securities downgraded shares of Just Energy Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from C$9.50 to C$6.50 in a research note on Friday, November 10th.
In other Just Energy Group news, insider Ron Joyce bought 100,000 shares of the firm’s stock in a transaction on Monday, November 27th. The stock was acquired at an average price of C$5.35 per share, with a total value of C$535,000.00. Also, insider Morgan Smith bought 10,000 shares of the firm’s stock in a transaction on Tuesday, December 12th. The shares were acquired at an average cost of C$4.15 per share, with a total value of C$41,500.00.
Just Energy Group (TSE:JE) (NYSE:JE) last posted its earnings results on Wednesday, November 8th. The company reported C$0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.10 by C($0.09). The firm had revenue of C$851.93 million for the quarter, compared to the consensus estimate of C$1.01 billion.
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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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