Just Energy Group Inc. (JE) Trading Up 2.3%
Just Energy Group Inc. (NYSE:JE)’s share price was up 2.3% during trading on Thursday . The company traded as high as $5.71 and last traded at $5.71, with a volume of 146,613 shares. The stock had previously closed at $5.58.
A number of equities analysts have commented on JE shares. Zacks Investment Research upgraded shares of Just Energy Group from a “hold” rating to a “buy” rating and set a $6.75 price objective on the stock in a report on Tuesday, May 24th. Rodman & Renshaw restated a “buy” rating and issued a $10.00 target price on shares of Just Energy Group in a research note on Monday, May 23rd. FBR & Co restated a “buy” rating and issued a $8.00 target price on shares of Just Energy Group in a research note on Sunday, May 22nd. TD Securities restated 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 restated 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 research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $8.61.
The firm has a 50 day moving average price of $5.95 and a 200 day moving average price of $6.08. The company has a market capitalization of $829.01 million and a P/E ratio of 2.59.
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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