Just Energy Group, Inc. (NYSE:JE) (TSE:JE) received a $6.25 target price from investment analysts at B. Riley in a research note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the utilities provider’s stock. B. Riley’s target price would suggest a potential upside of 40.77% from the company’s current price.

JE has been the topic of several other reports. HC Wainwright set a $10.00 price objective on shares of Just Energy Group and gave the company a “buy” rating in a report on Friday, August 11th. ValuEngine lowered shares of Just Energy Group from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Canaccord Genuity restated a “hold” rating and issued a $7.25 price objective on shares of Just Energy Group in a report on Monday, October 16th. Zacks Investment Research upgraded shares of Just Energy Group from a “hold” rating to a “buy” rating and set a $5.75 price objective on the stock in a report on Tuesday, August 15th. Finally, TD Securities lowered shares of Just Energy Group from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $7.30.

Just Energy Group (NYSE JE) opened at $4.44 on Wednesday. Just Energy Group has a 12-month low of $4.43 and a 12-month high of $6.35. The stock has a market cap of $671.12, a P/E ratio of 4.35 and a beta of 1.02. The company has a debt-to-equity ratio of -7.46, a quick ratio of 1.12 and a current ratio of 1.16.

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A number of large investors have recently modified their holdings of JE. Sii Investments Inc. WI bought a new stake in Just Energy Group in the third quarter valued at approximately $113,000. Citadel Advisors LLC increased its stake in Just Energy Group by 29.3% in the second quarter. Citadel Advisors LLC now owns 22,022 shares of the utilities provider’s stock valued at $115,000 after purchasing an additional 4,994 shares in the last quarter. Virtu KCG Holdings LLC bought a new stake in Just Energy Group in the second quarter valued at approximately $146,000. Cubist Systematic Strategies LLC bought a new stake in Just Energy Group in the third quarter valued at approximately $153,000. Finally, Parametric Portfolio Associates LLC increased its stake in Just Energy Group by 15.3% in the second quarter. Parametric Portfolio Associates LLC now owns 30,518 shares of the utilities provider’s stock valued at $160,000 after purchasing an additional 4,039 shares in the last quarter. 28.66% of the stock is owned by hedge funds and other institutional investors.

About Just Energy Group

Just Energy Group Inc (Just Energy) is an 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, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.

Analyst Recommendations for Just Energy Group (NYSE:JE)

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