Just Energy Group Inc. (JE) Stock Price Down 7.5%
Just Energy Group Inc. (NYSE:JE) fell 7.5% during trading on Thursday . The company traded as low as $5.55 and last traded at $5.58, with a volume of 406,845 shares. The stock had previously closed at $6.03.
A number of research firms recently commented on JE. FBR & Co reaffirmed a “buy” rating and set a $8.00 target price on shares of Just Energy Group in a report on Sunday, May 22nd. Rodman & Renshaw reaffirmed a “buy” rating and set a $10.00 target price on shares of Just Energy Group in a report on Monday, May 23rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $8.50 target price on shares of Just Energy Group in a report on Thursday, May 19th. Finally, Zacks Investment Research raised Just Energy Group from a “hold” rating to a “buy” rating and set a $6.75 target price for the company in a report on Tuesday, May 24th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $8.53.
The company’s 50 day moving average price is $6.09 and its 200-day moving average price is $6.15. The firm has a market capitalization 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.