Canaccord Genuity Lowers Just Energy Group (TSE:JE) Price Target to C$1.50

Just Energy Group (TSE:JE) (NYSE:JE) had its price target decreased by Canaccord Genuity from C$2.25 to C$1.50 in a research note issued to investors on Tuesday, BayStreet.CA reports.

Other research analysts have also recently issued research reports about the company. Royal Bank of Canada lowered their target price on Just Energy Group from C$3.00 to C$2.00 in a research note on Tuesday. CIBC lowered their target price on Just Energy Group from C$2.25 to C$1.75 in a research note on Tuesday. Five analysts have rated the stock with a hold rating, Just Energy Group presently has an average rating of Hold and a consensus target price of C$2.65.

JE opened at C$1.41 on Tuesday. The stock has a market cap of $218.30 million and a PE ratio of -0.53. The company has a quick ratio of 0.41, a current ratio of 0.81 and a debt-to-equity ratio of 2,374.38. The business has a 50 day moving average of C$2.04 and a 200-day moving average of C$2.61. Just Energy Group has a 52 week low of C$1.40 and a 52 week high of C$5.78.

About Just Energy Group

Just Energy Group Inc, through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers.

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