Analysts Set Just Energy Group Inc (JE) Price Target at $4.65

Shares of Just Energy Group Inc (TSE:JE) (NYSE:JE) have been assigned a consensus rating of “Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is C$4.65.

JE has been the topic of several recent research reports. CIBC reduced their price target on Just Energy Group from C$5.00 to C$4.75 in a research report on Wednesday, October 24th. Canaccord Genuity dropped their price objective on Just Energy Group from C$5.25 to C$4.50 in a report on Monday, August 20th. HC Wainwright reiterated a “buy” rating on shares of Just Energy Group in a report on Friday, August 10th. TD Securities dropped their price objective on Just Energy Group from C$5.00 to C$4.50 and set a “hold” rating for the company in a report on Monday, September 17th. Finally, Royal Bank of Canada dropped their price objective on Just Energy Group from C$6.00 to C$5.00 and set an “outperform” rating for the company in a report on Friday, August 24th.

JE opened at C$4.13 on Friday. Just Energy Group has a 1 year low of C$3.66 and a 1 year high of C$7.25.



Just Energy Group (TSE:JE) (NYSE:JE) last posted its quarterly earnings results on Wednesday, August 8th. The company reported C($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.11 by C($0.15). The company had revenue of C$876.46 million during the quarter, compared to analyst estimates of C$913.00 million.

In other news, insider Ron Joyce bought 100,000 shares of the stock in a transaction dated Wednesday, August 22nd. The stock was bought at an average price of C$3.78 per share, for a total transaction of C$378,000.00. Also, Director M. Dallas H. Ross bought 11,900 shares of the stock in a transaction dated Tuesday, September 25th. The stock was purchased at an average price of C$3.96 per share, with a total value of C$47,124.00. In the last quarter, insiders acquired 132,448 shares of company stock valued at $3,467,748.

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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