Just Energy Group (JE) Given New C$5.00 Price Target at Royal Bank of Canada

Just Energy Group (TSE:JE) (NYSE:JE) had its price target cut by Royal Bank of Canada from C$5.50 to C$5.00 in a research note published on Friday, BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other equities research analysts also recently commented on JE. National Bank Financial reduced their target price on Just Energy Group from C$5.25 to C$4.75 and set a sector perform rating on the stock in a research report on Friday. Canaccord Genuity downgraded Just Energy Group from a speculative buy rating to a hold rating and reduced their target price for the company from C$5.50 to C$5.00 in a research report on Monday, May 13th. CIBC lifted their target price on Just Energy Group from C$4.75 to C$5.00 in a research report on Friday, March 22nd. Finally, TD Securities reduced their target price on Just Energy Group from C$6.00 to C$5.00 and set a hold rating on the stock in a research report on Friday, February 8th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Just Energy Group presently has a consensus rating of Hold and an average target price of C$4.85.

TSE JE opened at C$4.18 on Friday. The firm has a market cap of $624.99 million and a price-to-earnings ratio of 3.06. The company has a current ratio of 1.16, a quick ratio of 0.78 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.

Just Energy Group Company Profile

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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