ValuEngine upgraded shares of Just Energy Group (NYSE:JE) (TSE:JE) from a hold rating to a buy rating in a report released on Tuesday morning.

JE has been the subject of a number of other research reports. lowered their price objective on Just Energy Group from $7.50 to $6.25 and set a buy rating for the company in a research report on Wednesday, November 15th. B. Riley set a $6.25 price objective on Just Energy Group and gave the company a buy rating in a research report on Wednesday, November 15th. CIBC raised Just Energy Group from a neutral rating to an outperform rating in a research report on Thursday, February 8th. Royal Bank of Canada raised Just Energy Group from a sector perform rating to an outperform rating in a research report on Monday, December 18th. Finally, Canaccord Genuity reaffirmed a hold rating and issued a $7.25 price objective on shares of Just Energy Group in a research report on Monday, October 16th. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of $7.13.

Shares of Just Energy Group (JE) opened at $5.05 on Tuesday. The company has a market capitalization of $716.87, a price-to-earnings ratio of 6.73 and a beta of 0.86. The company has a debt-to-equity ratio of -4.35, a current ratio of 0.93 and a quick ratio of 0.89. Just Energy Group has a 1 year low of $3.86 and a 1 year high of $6.35.

A number of hedge funds have recently bought and sold shares of JE. Sii Investments Inc. WI purchased a new stake in Just Energy Group during the third quarter valued at about $113,000. Virtu KCG Holdings LLC purchased a new stake in Just Energy Group during the second quarter valued at about $146,000. Cubist Systematic Strategies LLC purchased a new stake in Just Energy Group during the third quarter valued at about $153,000. Parametric Portfolio Associates LLC grew its position in Just Energy Group by 15.3% during the second quarter. Parametric Portfolio Associates LLC now owns 30,518 shares of the utilities provider’s stock valued at $160,000 after acquiring an additional 4,039 shares during the period. Finally, Shell Asset Management Co. grew its position in Just Energy Group by 217.4% during the third quarter. Shell Asset Management Co. now owns 33,174 shares of the utilities provider’s stock valued at $173,000 after acquiring an additional 22,723 shares during the period. 28.28% of the stock is owned by hedge funds and other institutional investors.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Just Energy Group (NYSE:JE)

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