Just Energy Group Inc (JE) Receives C$8.17 Consensus PT from Brokerages
Just Energy Group Inc (TSE:JE) (NYSE:JE) has been given a consensus recommendation of “Buy” by the six research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$8.17.
Several equities research analysts have recently weighed in on JE shares. Royal Bank Of Canada lowered their price target on shares of Just Energy Group from C$8.00 to C$7.50 and set a “sector perform” rating for the company in a research report on Friday, May 19th. Canaccord Genuity reaffirmed a “buy” rating on shares of Just Energy Group in a research report on Friday, May 19th. TD Securities upped their price target on shares of Just Energy Group from C$9.50 to C$11.00 and gave the stock an “action list buy” rating in a research report on Friday, May 19th. FBR & Co reaffirmed an “outperform” rating on shares of Just Energy Group in a research report on Friday, May 19th. Finally, HC Wainwright reaffirmed a “buy” rating on shares of Just Energy Group in a research report on Friday, May 19th.
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Just Energy Group (JE) traded up 0.28% during trading on Friday, hitting $7.06. 739,428 shares of the stock traded hands. Just Energy Group has a 12 month low of $6.31 and a 12 month high of $8.62. The firm has a 50-day moving average price of $6.90 and a 200 day moving average price of $7.45. The firm has a market cap of $1.04 billion and a PE ratio of 15.18.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 29th will be given a dividend of $0.125 per share. The ex-dividend date is Thursday, September 14th. This represents a $0.50 dividend on an annualized basis and a yield of 7.08%.
In other Just Energy Group news, insider Ron Joyce sold 94,900 shares of the firm’s stock in a transaction on Tuesday, June 27th. The shares were sold at an average price of C$7.06, for a total value of C$669,994.00. Insiders have sold 233,443 shares of company stock valued at $1,638,597 in the last three months.
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.
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