Just Energy Group Inc (JE) PT Lowered to C$7.50

Just Energy Group Inc (TSE:JE) (NYSE:JE) had its price objective dropped by investment analysts at Royal Bank of Canada from C$8.00 to C$7.50 in a note issued to investors on Friday, May 19th. The firm presently has a “sector perform” rating on the stock. Royal Bank of Canada’s target price suggests a potential upside of 8.23% from the company’s current price.

Separately, TD Securities reissued an “action list buy” rating and set a C$11.00 price objective on shares of Just Energy Group in a report on Tuesday, April 18th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$8.50.

Analyst Recommendations for Just Energy Group (TSE:JE)

Just Energy Group (JE) traded up 0.14% during trading on Friday, hitting $6.93. The company had a trading volume of 1,700,738 shares. The company has a market capitalization of $1.02 billion and a price-to-earnings ratio of 2.86. Just Energy Group has a 12-month low of $6.38 and a 12-month high of $8.62. The firm has a 50-day moving average of $7.61 and a 200 day moving average of $7.69.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Friday, June 30th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 7.22%. The ex-dividend date is Tuesday, June 13th.

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About Just Energy Group

Just Energy Group Inc (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.

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