Just Energy Group Inc. (JE) Stock Price Up 2.5%
Just Energy Group Inc. (NYSE:JE) shares rose 2.5% during mid-day trading on Friday . The stock traded as high as $5.75 and last traded at $5.69, with a volume of 103,163 shares trading hands. The stock had previously closed at $5.55.
JE has been the topic of several recent analyst reports. Zacks Investment Research raised Just Energy Group from a “sell” rating to a “hold” rating in a research report on Thursday, April 14th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $8.50 target price on shares of Just Energy Group in a research report on Thursday, May 19th. FBR & Co reaffirmed a “buy” rating and set a $8.00 target price on shares of Just Energy Group in a research report on Sunday, May 22nd. Finally, Rodman & Renshaw reaffirmed a “buy” rating and set a $10.00 target price on shares of Just Energy Group in a research report on Monday, May 23rd. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Just Energy Group currently has a consensus rating of “Buy” and an average target price of $8.53.
The firm’s 50 day moving average is $6.09 and its 200-day moving average is $6.15. The stock has a market cap of $830.19 million and a price-to-earnings ratio of 16.69.
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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