Just Energy Group, Inc. (JE) PT Lowered to $6.25 at

Just Energy Group, Inc. (NYSE:JE) (TSE:JE) had its price target lowered by analysts at from $7.50 to $6.25 in a report released on Wednesday. The brokerage presently has a “buy” rating on the utilities provider’s stock. ‘s price target points to a potential upside of 40.77% from the company’s previous close.

Several other research analysts have also commented on JE. Zacks Investment Research lowered Just Energy Group from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. ValuEngine raised Just Energy Group from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. HC Wainwright set a $10.00 price objective on Just Energy Group and gave the company a “buy” rating in a research report on Friday, August 11th. BidaskClub raised Just Energy Group from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Finally, Canaccord Genuity reissued a “hold” rating and issued a $7.25 price objective on shares of Just Energy Group in a research report on Monday, October 16th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $7.17.

Just Energy Group (JE) opened at $4.44 on Wednesday. The company has a debt-to-equity ratio of -7.46, a current ratio of 1.16 and a quick ratio of 1.12. Just Energy Group has a 52-week low of $4.43 and a 52-week high of $6.35. The company has a market capitalization of $671.12, a PE ratio of 4.35 and a beta of 1.02.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. TD Asset Management Inc. increased its position in shares of Just Energy Group by 2.0% during the third quarter. TD Asset Management Inc. now owns 5,429,434 shares of the utilities provider’s stock worth $31,388,000 after acquiring an additional 107,600 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of Just Energy Group by 7.1% during the second quarter. Acadian Asset Management LLC now owns 3,714,007 shares of the utilities provider’s stock worth $19,447,000 after acquiring an additional 246,280 shares during the last quarter. Bank of Montreal Can increased its position in shares of Just Energy Group by 5.8% during the second quarter. Bank of Montreal Can now owns 2,703,926 shares of the utilities provider’s stock worth $14,169,000 after acquiring an additional 148,637 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Just Energy Group by 2.9% during the first quarter. Vanguard Group Inc. now owns 2,559,218 shares of the utilities provider’s stock worth $16,020,000 after acquiring an additional 72,823 shares during the last quarter. Finally, Intact Investment Management Inc. increased its position in shares of Just Energy Group by 7.1% during the second quarter. Intact Investment Management Inc. now owns 2,363,943 shares of the utilities provider’s stock worth $16,050,000 after acquiring an additional 157,100 shares during the last quarter. 28.66% of the stock is currently owned by institutional investors and hedge funds.

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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