Just Energy Group Inc (JE) PT Lowered to C$7.50 at Royal Bank of Canada

Just Energy Group Inc (TSE:JE) (NYSE:JE) had its target price dropped by research analysts at Royal Bank of Canada from C$8.00 to C$7.50 in a report issued on Friday. The brokerage presently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective suggests a potential upside of 4.02% from the stock’s current price.

Separately, TD Securities reissued an “action list buy” rating and issued a C$11.00 price objective on shares of Just Energy Group in a research note on Tuesday, April 18th.

Just Energy Group (TSE:JE) traded up 1.94% during midday trading on Friday, hitting $7.35. 777,440 shares of the company traded hands. The stock has a market cap of $1.09 billion and a P/E ratio of 2.53. The stock has a 50 day moving average of $8.31 and a 200 day moving average of $7.67. Just Energy Group has a 12-month low of $6.41 and a 12-month high of $8.73.

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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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