Just Energy Group Inc. (JE) Trading Up 2%
Just Energy Group Inc. (NYSE:JE)’s share price was up 2% during mid-day trading on Tuesday . The stock traded as high as $6.20 and last traded at $6.11, with a volume of 86,471 shares trading hands. The stock had previously closed at $5.99.
Several equities analysts have recently issued reports on JE shares. 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 report on Tuesday, May 24th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $8.50 target price on shares of Just Energy Group in a research note on Thursday, May 19th. FBR & Co reaffirmed an “outperform” rating and issued a $8.00 target price on shares of Just Energy Group in a research note on Thursday, July 7th. Finally, Rodman & Renshaw reaffirmed a “buy” rating and issued a $10.00 target price on shares of Just Energy Group in a research note on Monday, May 23rd. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $8.53.
The company has a 50 day moving average of $6.15 and a 200 day moving average of $6.15. The firm has a market cap of $892.01 million and a PE ratio of 18.14.
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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