Just Energy Group (TSE:JE) (NYSE:JE) had its price target trimmed by Canaccord Genuity from C$2.25 to C$1.50 in a report issued on Tuesday morning, BayStreet.CA reports.
Other equities analysts have also issued research reports about the stock. CIBC cut their price objective on shares of Just Energy Group from C$2.25 to C$1.75 in a research report on Tuesday. Royal Bank of Canada cut their price objective on shares of Just Energy Group from C$3.00 to C$2.00 in a research report on Tuesday. Five investment analysts have rated the stock with a hold rating, The company presently has an average rating of Hold and an average target price of C$2.65.
Shares of TSE JE opened at C$1.44 on Tuesday. Just Energy Group has a 12-month low of C$1.41 and a 12-month high of C$5.78. The company has a market capitalization of $304.32 million and a PE ratio of -0.54. The company has a debt-to-equity ratio of 2,374.38, a current ratio of 0.81 and a quick ratio of 0.41. The firm’s 50-day moving average is C$2.05 and its two-hundred day moving average is C$2.63.
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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