Shares of Just Energy Group Inc (TSE:JE) (NYSE:JE) have earned a consensus rating of “Hold” from the six ratings firms that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$5.20.
A number of analysts have commented on JE shares. Royal Bank of Canada lowered Just Energy Group from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from C$5.00 to C$5.50 in a report on Wednesday, December 12th. CIBC decreased their price objective on Just Energy Group from C$5.00 to C$4.75 in a report on Wednesday, October 24th. National Bank Financial reissued a “sector perform” rating and set a C$4.50 price objective on shares of Just Energy Group in a report on Wednesday, October 3rd. Canaccord Genuity raised Just Energy Group from a “hold” rating to a “speculative buy” rating and boosted their price objective for the stock from C$4.50 to C$5.50 in a report on Tuesday, November 13th. Finally, TD Securities boosted their target price on Just Energy Group from C$4.50 to C$5.00 in a research note on Thursday, November 8th.
Shares of TSE:JE traded down C$0.10 during midday trading on Friday, reaching C$4.84. The company’s stock had a trading volume of 118,629 shares, compared to its average volume of 267,858. Just Energy Group has a fifty-two week low of C$3.66 and a fifty-two week high of C$6.42. The company has a debt-to-equity ratio of 485.20, a current ratio of 1.27 and a quick ratio of 0.82.
In other news, insider Patrick Mccullough purchased 10,000 shares of the firm’s stock in a transaction dated Wednesday, December 12th. The shares were purchased at an average price of C$3.68 per share, with a total value of C$36,800.00.
Just Energy Group Company Profile
Just Energy Group Inc, through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers.
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