TD Securities Lowers Just Energy Group Inc (JE) to Hold

TD Securities downgraded shares of Just Energy Group Inc (TSE:JE) (NYSE:JE) from a buy rating to a hold rating in a research report sent to investors on Friday. They currently have C$6.50 price objective on the stock, down from their prior price objective of C$9.50.

Separately, National Bank Financial reduced their target price on Just Energy Group from C$8.00 to C$7.50 and set a sector perform rating for the company in a research report on Monday, August 14th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Just Energy Group has a consensus rating of Buy and a consensus target price of C$7.17.

Just Energy Group (TSE JE) opened at C$5.93 on Friday. Just Energy Group has a 52-week low of C$5.90 and a 52-week high of C$8.62.

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In other Just Energy Group news, insider Krishnan Kasiviswanathan sold 27,810 shares of Just Energy Group stock in a transaction dated Monday, September 18th. The stock was sold at an average price of C$5.63, for a total transaction of C$156,570.30.

About Just Energy Group

Just Energy Group Inc (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company 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.

Analyst Recommendations for Just Energy Group (TSE:JE)

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