Just Energy Group (JE) Given New C$4.50 Price Target at TD Securities

Just Energy Group (TSE:JE) (NYSE:JE) had its price target dropped by investment analysts at TD Securities from C$5.00 to C$4.50 in a report issued on Friday, BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ price objective would suggest a potential upside of 6.13% from the company’s current price.

JE has been the topic of a number of other reports. CIBC decreased their price target on Just Energy Group from C$5.00 to C$4.75 in a research note on Friday, February 8th. Royal Bank of Canada decreased their price target on Just Energy Group from C$5.50 to C$5.00 and set a “sector perform” rating on the stock in a research note on Friday. National Bank Financial decreased their price target on Just Energy Group from C$5.25 to C$4.75 and set a “sector perform” rating on the stock in a research note on Friday. Finally, Canaccord Genuity cut Just Energy Group from a “speculative buy” rating to a “hold” rating and decreased their price target for the stock from C$5.50 to C$5.00 in a research note on Monday. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Just Energy Group has a consensus rating of “Hold” and a consensus price target of C$4.85.

TSE:JE traded down C$0.11 during trading hours on Friday, reaching C$4.24. 438,266 shares of the stock were exchanged, compared to its average volume of 262,044. 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 twelve month low of C$3.66 and a twelve month high of C$5.72. The stock has a market capitalization of $650.40 million and a price-to-earnings ratio of 3.11.

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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