Could Just Energy Group Inc Decline After Today’s Huge Increase?

 Could Just Energy Group Inc Decline After Today's Huge Increase?

The stock of Just Energy Group Inc (TSE:JE) is a huge mover today! The stock last traded at $7.29 per share. It is down 5.45% since April 20, 2016 and is downtrending. It has underperformed by 10.86% the S&P500.
The move comes after 6 months positive chart setup for the $1.09 billion company. It was reported on Nov, 24 by Barchart.com. We have $7.58 PT which if reached, will make TSE:JE worth $43.60M 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 17.70% above today’s ($7.29) stock price. Just Energy has been the topic of 13 analyst reports since August 14, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, September 16. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, May 20. The rating was reinitiated by Rodman & Renshaw with “Buy” on Thursday, December 10. The firm earned “Outperform” rating on Friday, December 18 by FBR Capital. The rating was maintained by TD Securities on Friday, August 14 with “Hold”. The firm has “Sector Perform” rating given on Thursday, August 27 by RBC Capital Markets. TD Securities maintained Just Energy Group Inc (TSE:JE) on Friday, August 12 with “Hold” rating. The company was downgraded on Monday, August 17 by National Bank Canada.

More news for Just Energy Group Inc (TSE:JE) were recently published by: Prnewswire.com, which released: “Just Energy Customers Now Get More in Comfort, Convenience and Control with …” on May 03, 2016. Marketwatch.com‘s article titled: “Just Energy Group Inc. Announces Closing of Early Redemption of $225 Million …” and published on November 07, 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 $1.09 billion. The Company’s divisions include Consumer Energy and Commercial Energy. It has a 4.62 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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