The stock of Just Energy Group Inc (TSE:JE) is a huge mover today! About 40,393 shares traded hands. Just Energy Group Inc (TSE:JE) has declined 12.53% since April 1, 2016 and is downtrending. It has underperformed by 14.49% the S&P500.
The move comes after 8 months negative chart setup for the $970.88M company. It was reported on Nov, 8 by Barchart.com. We have $6.20 PT which if reached, will make TSE:JE worth $77.67M less.
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 28.64% above today’s ($6.74) stock price. Just Energy has been the topic of 12 analyst reports since August 14, 2015 according to StockzIntelligence Inc. National Bank Canada downgraded it to “Outperform” rating and $8 target price in Monday, August 17 report. TD Securities maintained it with “Hold” rating and $7.50 target price in Friday, August 14 report. The company was downgraded on Thursday, August 27 by RBC Capital Markets. RBC Capital Markets maintained Just Energy Group Inc (TSE:JE) on Friday, September 16 with “Sector Perform” rating. The rating was reinitiated by Rodman & Renshaw with “Buy” on Thursday, December 10. The stock of Just Energy Group Inc (TSE:JE) earned “Hold” rating by TD Securities on Friday, August 12. RBC Capital Markets maintained it with “Sector Perform” rating and $8.50 target price in Friday, May 20 report. The stock of Just Energy Group Inc (TSE:JE) has “Outperform” rating given on Friday, December 18 by FBR Capital.
More recent Just Energy Group Inc (TSE:JE) news were published by: Marketwatch.com which released: “Just Energy Group Inc. Announces Closing of Early Redemption of $225 Million …” on November 07, 2016. Also Forbes.com published the news titled: “Just Energy Group Becomes Oversold (JE)” on August 11, 2016. Prnewswire.com‘s news article titled: “Just Energy Customers Now Get More in Comfort, Convenience and Control with …” with publication date: May 03, 2016 was also an interesting one.
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 $970.88 million. The Company’s divisions include Consumer Energy and Commercial Energy. It has a 3.23 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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