Royal Bank of Canada lowered shares of Just Energy Group (NYSE:JE) (TSE:JE) from a sector perform rating to an underperform rating in a research report report published on Wednesday morning, Briefing.com Automated Import reports.
Several other brokerages also recently commented on JE. Morgan Stanley reaffirmed an underweight rating on shares of Just Energy Group in a research report on Monday, July 20th. Canaccord Genuity reaffirmed a hold rating and issued a $0.70 price target (down from $1.50) on shares of Just Energy Group in a research report on Monday, April 13th. ValuEngine downgraded Just Energy Group from a sell rating to a strong sell rating in a research report on Wednesday, July 8th. Finally, CIBC dropped their price target on Just Energy Group from $0.75 to $0.50 and set a neutral rating on the stock in a research report on Friday, July 10th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Just Energy Group presently has a consensus rating of Hold and an average target price of $1.29.
JE opened at $0.36 on Wednesday. The business has a 50 day moving average price of $0.48 and a 200 day moving average price of $0.71. Just Energy Group has a twelve month low of $0.34 and a twelve month high of $3.56.
About Just Energy Group
Just Energy Group Inc, through its subsidiaries, provides electricity and natural gas commodities in the United States, Canada, and internationally. It operates through Consumer Energy and Commercial Energy segments. The company offers longer-term price-protected, flat-bill, and variable rate product offerings.
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