Just Energy Group Inc. (JE) Shares Down 3.9%
Just Energy Group Inc. (NYSE:JE) shares dropped 3.9% on Monday . The company traded as low as $5.90 and last traded at $5.97, with a volume of 219,963 shares changing hands. The stock had previously closed at $6.21.
A number of analysts have recently commented on JE shares. FBR & Co reissued an “outperform” rating and set a $8.00 target price on shares of Just Energy Group in a research note on Thursday, July 7th. Zacks Investment Research raised shares of Just Energy Group from a “hold” rating to a “buy” rating and set a $6.75 target price for the company in a research note on Tuesday, May 24th. Rodman & Renshaw reissued a “buy” rating and set a $10.00 target price on shares of Just Energy Group in a research note on Monday, May 23rd. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $8.50 target price on shares of Just Energy Group in a research note on Thursday, May 19th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Just Energy Group currently has an average rating of “Buy” and a consensus price target of $8.53.
The firm has a market cap of $881.70 million and a PE ratio of 17.88. The firm has a 50-day moving average price of $6.17 and a 200-day moving average price of $6.15.
Just Energy Group Inc (Just Energy) is a Canada-based 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 and home energy management services, including long-term fixed-price, variable-priced, and flat-bill programs, smart thermostats and residential solar panel installations.
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