Just Energy Group Inc (JE) PT Lowered to C$7.50 at Royal Bank of Canada

Just Energy Group Inc (TSE:JE) (NYSE:JE) had its price objective decreased by equities research analysts at Royal Bank of Canada from C$8.00 to C$7.50 in a report issued on Friday, StockTargetPrices.com reports. The firm presently has a “sector perform” rating on the stock. Royal Bank of Canada’s target price suggests a potential upside of 4.02% from the stock’s previous close.

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.

Shares of Just Energy Group (TSE:JE) traded up 1.94% during mid-day trading on Friday, reaching $7.35. The company had a trading volume of 777,440 shares. The firm’s 50 day moving average is $8.31 and its 200-day moving average is $7.67. Just Energy Group has a 12-month low of $6.41 and a 12-month high of $8.73. The stock has a market capitalization of $1.09 billion and a P/E ratio of 2.53.

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Just Energy Group Company Profile

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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