B. Riley set a $6.25 price target on Just Energy Group, Inc. (NYSE:JE) (TSE:JE) in a research report report published on Wednesday, MarketBeat.com reports. The firm currently has a buy rating on the utilities provider’s stock. B. Riley also issued estimates for Just Energy Group’s Q3 2018 earnings at $0.20 EPS, Q4 2018 earnings at $0.14 EPS, FY2018 earnings at $0.50 EPS, Q1 2019 earnings at $0.07 EPS, Q2 2019 earnings at $0.15 EPS, Q3 2019 earnings at $0.16 EPS, Q4 2019 earnings at $0.13 EPS and FY2019 earnings at $0.50 EPS.

Several other analysts also recently issued reports on JE. ValuEngine downgraded Just Energy Group from a buy rating to a hold rating in a research report on Friday, November 10th. Zacks Investment Research upgraded Just Energy Group from a hold rating to a buy rating and set a $5.75 price objective on the stock in a research report on Tuesday, August 15th. 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. TD Securities downgraded Just Energy Group from a buy rating to a hold rating in a research report on Friday, November 10th. Finally, BidaskClub upgraded Just Energy Group from a hold rating to a buy rating in a research report on Tuesday, August 22nd. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of $7.17.

Just Energy Group (NYSE:JE) traded up $0.02 on Wednesday, reaching $4.53. The company’s stock had a trading volume of 137,708 shares, compared to its average volume of 152,757. The company has a debt-to-equity ratio of -7.46, a quick ratio of 1.12 and a current ratio of 1.16. The stock has a market capitalization of $660.84, a P/E ratio of 4.23 and a beta of 1.03. Just Energy Group has a one year low of $4.41 and a one year high of $6.35.

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A number of institutional investors have recently added to or reduced their stakes in the stock. Traynor Capital Management Inc. increased its stake in Just Energy Group by 1.8% in the second quarter. Traynor Capital Management Inc. now owns 34,203 shares of the utilities provider’s stock valued at $182,000 after purchasing an additional 611 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Just Energy Group by 1.9% in the second quarter. The Manufacturers Life Insurance Company now owns 85,324 shares of the utilities provider’s stock valued at $447,000 after purchasing an additional 1,585 shares during the last quarter. Parametric Portfolio Associates LLC increased its stake in Just Energy Group by 15.3% in the second quarter. Parametric Portfolio Associates LLC now owns 30,518 shares of the utilities provider’s stock valued at $160,000 after purchasing an additional 4,039 shares during the last quarter. Citadel Advisors LLC increased its stake in Just Energy Group by 29.3% in the second quarter. Citadel Advisors LLC now owns 22,022 shares of the utilities provider’s stock valued at $115,000 after purchasing an additional 4,994 shares during the last quarter. Finally, Schroder Investment Management Group increased its stake in Just Energy Group by 13.5% in the second quarter. Schroder Investment Management Group now owns 45,907 shares of the utilities provider’s stock valued at $314,000 after purchasing an additional 5,469 shares during the last quarter. Hedge funds and other institutional investors own 28.66% of the company’s stock.

About Just Energy Group

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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