HC Wainwright set a $10.00 target price on Just Energy Group (NYSE:JE) (TSE:JE) in a research note issued to investors on Friday morning. The firm currently has a buy rating on the utilities provider’s stock.

JE has been the subject of a number of other reports. ValuEngine upgraded shares of Just Energy Group from a hold rating to a buy rating in a research note on Friday, December 1st. reduced their price objective on shares of Just Energy Group from $7.50 to $6.25 and set a buy rating for the company in a research note on Wednesday, November 15th. B. Riley set a $6.25 price objective on shares of Just Energy Group and gave the stock a buy rating in a research note on Wednesday, November 15th. CIBC upgraded shares of Just Energy Group from a neutral rating to an outperform rating in a research note on Thursday, February 8th. Finally, Royal Bank of Canada upgraded shares of Just Energy Group from a sector perform rating to an outperform rating in a research note on Monday, December 18th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Just Energy Group presently has a consensus rating of Buy and a consensus price target of $7.17.

Shares of Just Energy Group (NYSE:JE) opened at $4.88 on Friday. The company has a debt-to-equity ratio of -4.35, a current ratio of 0.93 and a quick ratio of 0.89. The stock has a market cap of $663.99, a P/E ratio of 7.18 and a beta of 0.85. Just Energy Group has a one year low of $3.86 and a one year high of $6.35.

Several institutional investors have recently modified their holdings of the company. TD Asset Management Inc. lifted its stake in shares of Just Energy Group by 2.0% in the third quarter. TD Asset Management Inc. now owns 5,429,434 shares of the utilities provider’s stock worth $31,388,000 after buying an additional 107,600 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Just Energy Group during the 2nd quarter valued at $4,414,000. DORCHESTER WEALTH MANAGEMENT Co raised its stake in Just Energy Group by 31.2% during the 4th quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 166,875 shares of the utilities provider’s stock valued at $718,000 after purchasing an additional 39,700 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Just Energy Group by 249.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 96,847 shares of the utilities provider’s stock valued at $507,000 after purchasing an additional 69,123 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in Just Energy Group by 1.9% during the 2nd 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. Institutional investors and hedge funds own 28.28% of the company’s stock.

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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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