Just Energy Group Inc. (JE) Shares Up 2.3%
Just Energy Group Inc. (NYSE:JE)’s share price shot up 2.3% during mid-day trading on Thursday . The company traded as high as $5.71 and last traded at $5.71, with a volume of 146,613 shares trading hands. The stock had previously closed at $5.58.
A number of brokerages recently issued reports on JE. Rodman & Renshaw reaffirmed a “buy” rating and issued a $10.00 price target on shares of Just Energy Group in a report on Monday, May 23rd. FBR & Co reissued an “outperform” rating and issued a $8.00 price objective on shares of Just Energy Group in a report on Thursday, July 7th. Zacks Investment Research raised Just Energy Group from a “hold” rating to a “buy” rating and set a $6.75 price objective for the company in a report on Tuesday, May 24th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $8.50 price objective on shares of Just Energy Group in a report on Thursday, May 19th. Finally, TD Securities reissued a “hold” rating and issued a $8.50 price objective on shares of Just Energy Group in a report on Saturday, August 13th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $8.61.
The company has a 50 day moving average of $5.97 and a 200-day moving average of $6.08. The company has a market capitalization of $843.79 million and a price-to-earnings ratio of 2.64.
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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