Just Energy Group (NYSE:JE) (TSE:JE) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

Other research analysts have also issued research reports about the company. HC Wainwright set a $10.00 target price on Just Energy Group and gave the company a “buy” rating in a research report on Friday, August 11th. Zacks Investment Research upgraded Just Energy Group from a “hold” rating to a “buy” rating and set a $5.75 target price for the company in a research report on Tuesday, August 15th. TD Securities lowered Just Energy Group from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Canaccord Genuity restated a “hold” rating and set a $7.25 target price on shares of Just Energy Group in a research report on Monday, October 16th. Finally, B. Riley set a $6.25 target price on Just Energy Group and gave the company a “buy” rating in a research report on Wednesday, November 15th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Just Energy Group presently has an average rating of “Buy” and an average price target of $7.17.

Just Energy Group (NYSE JE) opened at $4.36 on Friday. Just Energy Group has a 12-month low of $4.08 and a 12-month high of $6.35. The stock has a market capitalization of $613.84, a P/E ratio of 3.98 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.

Several large investors have recently made changes to their positions in the business. Traynor Capital Management Inc. boosted its position in shares of Just Energy Group by 1.8% during the second quarter. Traynor Capital Management Inc. now owns 34,203 shares of the utilities provider’s stock valued at $182,000 after buying an additional 611 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Just Energy Group by 1.9% during the second quarter. The Manufacturers Life Insurance Company now owns 85,324 shares of the utilities provider’s stock valued at $447,000 after acquiring an additional 1,585 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of Just Energy Group by 15.3% during the second quarter. Parametric Portfolio Associates LLC now owns 30,518 shares of the utilities provider’s stock valued at $160,000 after acquiring an additional 4,039 shares in the last quarter. Citadel Advisors LLC raised its stake in shares of Just Energy Group by 29.3% during the second quarter. Citadel Advisors LLC now owns 22,022 shares of the utilities provider’s stock valued at $115,000 after acquiring an additional 4,994 shares in the last quarter. Finally, Schroder Investment Management Group raised its stake in shares of Just Energy Group by 13.5% during the second quarter. Schroder Investment Management Group now owns 45,907 shares of the utilities provider’s stock valued at $314,000 after acquiring an additional 5,469 shares in the last quarter. Institutional investors and hedge funds own 29.94% of the company’s stock.

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Just Energy Group Company Profile

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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