What’s Ahead for Just Energy Group Inc After Today’s Huge Increase?

 What's Ahead for Just Energy Group Inc After Today's Huge Increase?

The stock of Just Energy Group Inc (TSE:JE) is a huge mover today! About 128,460 shares traded hands. Just Energy Group Inc (TSE:JE) has declined 12.05% since March 31, 2016 and is downtrending. It has underperformed by 13.14% the S&P500.
The move comes after 8 months positive chart setup for the $988.16 million company. It was reported on Nov, 4 by Barchart.com. We have $10.36 PT which if reached, will make TSE:JE worth $503.96M more.

Just Energy Group Inc (TSE:JE) Ratings Coverage

Out of 4 analysts covering Just Energy (TSE:JE), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $10.0 is the highest target while $7.50 is the lowest. The $8.67 average target is 26.38% above today’s ($6.86) stock price. Just Energy has been the topic of 12 analyst reports since August 14, 2015 according to StockzIntelligence Inc. Rodman & Renshaw reinitiated Just Energy Group Inc (TSE:JE) rating on Thursday, December 10. Rodman & Renshaw has “Buy” rating and $10.0 price target. As per Friday, December 18, the company rating was initiated by FBR Capital. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Thursday, August 27. The rating was maintained by TD Securities on Friday, August 12 with “Hold”. The company was maintained on Friday, May 20 by RBC Capital Markets. RBC Capital Markets maintained it with “Sector Perform” rating and $8.50 target price in Friday, September 16 report. The stock has “Hold” rating given by TD Securities on Friday, August 14. The stock of Just Energy Group Inc (TSE:JE) has “Outperform” rating given on Monday, August 17 by National Bank Canada.

More news for Just Energy Group Inc (TSE:JE) were recently published by: Forbes.com, which released: “Just Energy Group Becomes Oversold (JE)” on August 11, 2016. Prnewswire.com‘s article titled: “Just Energy Customers Now Get More in Comfort, Convenience and Control with …” and published on May 03, 2016 is yet another important article.

Just Energy Group Inc. is an energy management solutions well-known provider engaged in electricity, natural gas, solar and green energy. The company has a market cap of $988.16 million. The Company’s divisions include Consumer Energy and Commercial Energy. It has a 3.29 P/E ratio. The Firm 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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