Just Energy Group (JE) Price Target Cut to C$5.00

Just Energy Group (TSE:JE) (NYSE:JE) had its price target trimmed by TD Securities from C$6.00 to C$5.00 in a research report sent to investors on Friday. The brokerage currently has a hold rating on the stock.

JE has been the topic of a number of other research reports. Royal Bank of Canada downgraded Just Energy Group from an outperform rating to a sector perform rating and increased their price target for the stock from C$5.00 to C$5.50 in a research report on Wednesday, December 12th. CIBC increased their price target on Just Energy Group from C$4.75 to C$5.00 in a research report on Tuesday, January 15th. Canaccord Genuity raised Just Energy Group from a hold rating to a speculative buy rating and increased their price target for the stock from C$4.50 to C$5.50 in a research report on Tuesday, November 13th. Finally, National Bank Financial increased their price target on Just Energy Group from C$4.50 to C$5.00 and gave the stock a sector perform rating in a research report on Friday, November 9th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of C$5.15.

Just Energy Group stock opened at C$4.63 on Friday. Just Energy Group has a 12 month low of C$3.66 and a 12 month high of C$6.42. The company has a debt-to-equity ratio of 485.20, a quick ratio of 0.82 and a current ratio of 1.27. The company has a market capitalization of $693.74 million and a PE ratio of 1.98.

In related news, insider Patrick Mccullough purchased 10,000 shares of Just Energy Group stock in a transaction that occurred on Wednesday, December 12th. The shares were acquired at an average price of C$3.68 per share, with a total value of C$36,800.00.

Just Energy Group Company Profile

Just Energy Group Inc, through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers.

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Analyst Recommendations for Just Energy Group (TSE:JE)

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