Just Energy Group Inc (JE) Receives C$5.15 Consensus PT from Analysts

Just Energy Group Inc (TSE:JE) (NYSE:JE) has been given a consensus rating of “Hold” by the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$5.15.

A number of research firms have issued reports on JE. TD Securities raised their price target on shares of Just Energy Group from C$4.50 to C$5.00 in a research report on Thursday, November 8th. Canaccord Genuity raised shares of Just Energy Group from a “hold” rating to a “speculative buy” rating and raised their price target for the stock from C$4.50 to C$5.50 in a research report on Tuesday, November 13th. National Bank Financial raised their price target on shares of Just Energy Group from C$4.50 to C$5.00 and gave the stock a “sector perform” rating in a research report on Friday, November 9th. CIBC reduced their price target on shares of Just Energy Group from C$5.00 to C$4.75 in a research report on Wednesday, October 24th. Finally, Royal Bank of Canada lowered shares of Just Energy Group from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from C$5.00 to C$5.50 in a research report on Wednesday, December 12th.

Shares of Just Energy Group stock opened at C$4.94 on Friday. The company has a current ratio of 1.27, a quick ratio of 0.82 and a debt-to-equity ratio of 485.20. Just Energy Group has a 52 week low of C$3.66 and a 52 week high of C$6.42.



The business also recently declared a quarterly dividend, which was paid on Monday, December 31st. Investors of record on Monday, December 17th were paid a $0.125 dividend. The ex-dividend date was Friday, December 14th. This represents a $0.50 dividend on an annualized basis and a yield of 10.12%. Just Energy Group’s dividend payout ratio is currently 21.35%.

In other Just Energy Group news, insider Patrick Mccullough bought 10,000 shares of the stock in a transaction on Wednesday, December 12th. The shares were bought at an average price of C$3.68 per share, with a total value of C$36,800.00.

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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