Just Energy Group Inc. (JE) Trading Down 2.1%
Just Energy Group Inc. (NYSE:JE) dropped 2.1% during mid-day trading on Wednesday . The company traded as low as $5.50 and last traded at $5.58, with a volume of 131,952 shares trading hands. The stock had previously closed at $5.70.
JE has been the topic of a number of recent research reports. FBR & Co reiterated an “outperform” rating and issued a $8.00 target price on shares of Just Energy Group in a research note on Thursday, July 7th. Zacks Investment Research upgraded Just Energy Group from a “hold” rating to a “buy” rating and set a $6.75 target price on the stock in a research note on Tuesday, May 24th. Rodman & Renshaw reiterated a “buy” rating and issued a $10.00 target price on shares of Just Energy Group in a research note on Monday, May 23rd. TD Securities reiterated a “hold” rating and issued a $8.50 target price on shares of Just Energy Group in a research note on Saturday, August 13th. Finally, Royal Bank Of Canada reiterated 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. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $8.61.
The company’s 50-day moving average price is $5.99 and its 200 day moving average price is $6.09. The firm has a market cap of $824.58 million and a P/E ratio of 2.61.
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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