Just Energy Group (NYSE:JE) (TSE:JE) received a $6.00 price target from equities researchers at B. Riley in a research report issued to clients and investors on Friday, TipRanks reports. The firm presently has a “buy” rating on the utilities provider’s stock. B. Riley’s price objective would indicate a potential upside of 86.92% from the company’s current price.
Several other equities analysts also recently commented on the stock. HC Wainwright set a $7.00 target price on shares of Just Energy Group and gave the stock a “buy” rating in a research report on Friday. Zacks Investment Research raised Just Energy Group from a “sell” rating to a “hold” rating in a research report on Friday. ValuEngine downgraded Just Energy Group from a “sell” rating to a “strong sell” rating in a research report on Friday. Canaccord Genuity downgraded Just Energy Group from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. Finally, CIBC set a $5.00 price target on Just Energy Group and gave the company a “hold” rating in a research report on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $5.75.
Just Energy Group stock traded up $0.09 during mid-day trading on Friday, hitting $3.21. 290,262 shares of the company’s stock were exchanged, compared to its average volume of 192,526. The company has a debt-to-equity ratio of 3.52, a current ratio of 1.16 and a quick ratio of 1.12. The company has a market capitalization of $468.25 million, a price-to-earnings ratio of 26.75 and a beta of 0.56. Just Energy Group has a 1-year low of $2.80 and a 1-year high of $4.34.
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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