Just Energy Group Inc (TSE:JE) (NYSE:JE) shares traded down 3% on Wednesday . The stock traded as low as C$6.16 and last traded at C$6.17. 605,180 shares traded hands during trading, an increase of 17% from the average session volume of 517,013 shares. The stock had previously closed at C$6.36.

A number of research firms have weighed in on JE. Royal Bank of Canada upgraded shares of Just Energy Group from a “sector perform” rating to an “outperform” rating and dropped their target price for the company from C$7.50 to C$7.00 in a research note on Monday, December 18th. CIBC upgraded shares of Just Energy Group from a “neutral” rating to an “outperform” rating and dropped their target price for the company from C$7.50 to C$6.50 in a research note on Thursday, February 8th. Canaccord Genuity upgraded shares of Just Energy Group from a “hold” rating to a “buy” rating and set a C$6.25 target price on the stock in a research note on Thursday, February 8th. National Bank Financial upgraded shares of Just Energy Group from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from C$6.00 to C$6.25 in a research note on Thursday, February 8th. Finally, TD Securities cut shares of Just Energy Group from a “buy” rating to a “hold” rating and dropped their target price for the company from C$9.50 to C$6.50 in a research note on Friday, November 10th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of C$6.50.

The company has a market capitalization of $913.42, a P/E ratio of 5.63 and a beta of 0.49.

In other Just Energy Group news, insider Ron Joyce purchased 100,000 shares of the stock in a transaction dated Monday, November 27th. The shares were bought at an average price of C$5.35 per share, with a total value of C$535,000.00. Also, insider Morgan Smith purchased 10,000 shares of the stock in a transaction dated Tuesday, December 12th. The stock was acquired at an average cost of C$4.15 per share, for a total transaction of C$41,500.00.

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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.

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