Shares of Just Energy Group Inc. (NYSE:JE) traded down 2.1% during trading on Wednesday . The company traded as low as $5.50 and last traded at $5.58, with a volume of 131,952 shares changing hands. The stock had previously closed at $5.70.

A number of analysts have commented on the stock. FBR & Co reaffirmed a “buy” rating and set a $8.00 price objective on shares of Just Energy Group in a research note on Sunday, May 22nd. Rodman & Renshaw reissued a “buy” rating and issued a $10.00 price target on shares of Just Energy Group in a research report on Monday, May 23rd. Royal Bank Of Canada reissued a “sector perform” rating and issued a $8.50 price target on shares of Just Energy Group in a research report on Thursday, May 19th. Zacks Investment Research raised shares of Just Energy Group from a “hold” rating to a “buy” rating and set a $6.75 price target for the company in a research report on Tuesday, May 24th. Finally, TD Securities reissued a “hold” rating and issued a $8.50 price target on shares of Just Energy Group in a research report on Saturday, August 13th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $8.61.

The stock has a 50 day moving average price of $5.97 and a 200-day moving average price 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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