CIBC Lowers Just Energy Group (TSE:JE) Price Target to C$1.75
Just Energy Group (TSE:JE) (NYSE:JE) had its target price trimmed by CIBC from C$2.25 to C$1.75 in a report issued on Tuesday morning, BayStreet.CA reports.
Separately, Royal Bank of Canada dropped their price target on Just Energy Group from C$3.00 to C$2.00 in a research report on Tuesday. Five analysts have rated the stock with a hold rating, The company currently has a consensus rating of Hold and a consensus price target of C$2.65.
Shares of TSE JE opened at C$1.41 on Tuesday. Just Energy Group has a one year low of C$1.40 and a one year high of C$5.78. The company has a debt-to-equity ratio of 2,374.38, a current ratio of 0.81 and a quick ratio of 0.41. The business’s fifty day moving average price is C$2.04 and its 200-day moving average price is C$2.61. The stock has a market capitalization of $218.30 million and a PE ratio of -0.53.
Just Energy Group Inc, through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers.
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