Just Energy Group (JE) PT Raised to C$5.00 at CIBC

Just Energy Group (TSE:JE) (NYSE:JE) had its price objective upped by CIBC from C$4.75 to C$5.00 in a research report released on Friday, March 22nd, BayStreet.CA reports.

JE has been the subject of several other research reports. Royal Bank of Canada downgraded Just Energy Group from an outperform rating to a sector perform rating and boosted their target price for the stock from C$5.00 to C$5.50 in a research note on Wednesday, December 12th. TD Securities lowered their price objective on Just Energy Group from C$6.00 to C$5.00 and set a hold rating for the company in a research note on Friday, February 8th. Finally, National Bank Financial upped their price objective on Just Energy Group from C$5.00 to C$5.25 and gave the company a sector perform rating in a research note on Friday, March 22nd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of C$5.25.

Shares of TSE JE traded down C$0.05 during midday trading on Friday, reaching C$4.62. The company’s stock had a trading volume of 89,464 shares, compared to its average volume of 263,915. The company has a quick ratio of 0.78, a current ratio of 1.16 and a debt-to-equity ratio of 445.29. Just Energy Group has a fifty-two week low of C$3.66 and a fifty-two week high of C$5.72. The company has a market capitalization of $696.75 million and a PE ratio of 3.39.

Just Energy Group (TSE:JE) (NYSE:JE) last issued its earnings results on Wednesday, February 6th. The company reported C$0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.21 by C($0.01). The company had revenue of C$966.65 million for the quarter, compared to analyst estimates of C$979.35 million. As a group, sell-side analysts expect that Just Energy Group will post 0.449999935995633 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 10.82%. The ex-dividend date of this dividend was Thursday, March 14th. Just Energy Group’s payout ratio is currently 36.66%.

About Just Energy Group

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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Analyst Recommendations for Just Energy Group (TSE:JE)

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