Just Energy Group Inc. (JE) Shares Down 3.9%
Just Energy Group Inc. (NYSE:JE) shares dropped 3.9% during mid-day trading on Monday . The stock traded as low as $5.90 and last traded at $5.97, with a volume of 219,963 shares. The stock had previously closed at $6.21.
JE has been the subject of several research analyst reports. Zacks Investment Research upgraded Just Energy Group from a “hold” rating to a “buy” rating and set a $6.75 price objective for the company in a research report on Tuesday, May 24th. Rodman & Renshaw restated a “buy” rating and issued a $10.00 price target on shares of Just Energy Group in a research report on Monday, May 23rd. FBR & Co restated a “buy” rating and issued a $8.00 price target on shares of Just Energy Group in a research report on Sunday, May 22nd. Finally, Royal Bank Of Canada restated 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. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $8.53.
The company has a 50 day moving average price of $6.16 and a 200-day moving average price of $6.15. The company has a market capitalization of $889.06 million and a PE ratio of 18.03.
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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