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

 What's Next 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 57,845 shares traded hands. Just Energy Group Inc (TSE:JE) has declined 13.43% since April 8, 2016 and is downtrending. It has underperformed by 18.41% the S&P500.
The move comes after 5 months positive chart setup for the $973.07 million company. It was reported on Nov, 14 by Barchart.com. We have $9.13 PT which if reached, will make TSE:JE worth $340.57 million 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 $8.58 average target is 26.92% above today’s ($6.76) stock price. Just Energy has been the topic of 13 analyst reports since August 14, 2015 according to StockzIntelligence Inc. As per Friday, September 16, the company rating was maintained by RBC Capital Markets. RBC Capital Markets downgraded the shares of JE in a report on Thursday, August 27 to “Sector Perform” rating. Rodman & Renshaw reinitiated the shares of JE in a report on Thursday, December 10 with “Buy” rating. The company was maintained on Friday, August 14 by TD Securities. RBC Capital Markets maintained the shares of JE in a report on Friday, May 20 with “Sector Perform” rating. The rating was downgraded by National Bank Canada on Monday, August 17 to “Outperform”. The stock of Just Energy Group Inc (TSE:JE) has “Outperform” rating given on Friday, December 18 by FBR Capital. The stock has “Hold” rating given by TD Securities on Friday, August 12.

More important 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 article titled: “Just Energy Group Becomes Oversold (JE)”, Prnewswire.com published: “Just Energy Customers Now Get More in Comfort, Convenience and Control with …” on May 03, 2016. More interesting news about Just Energy Group Inc (TSE:JE) was released by: Nasdaq.com and their article: “Just Energy (JE) Q2 Loss Wider than Expected, Sales Miss” with publication date: November 11, 2016.

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 $973.07 million. The Company’s divisions include Consumer Energy and Commercial Energy. It has a 4.28 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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