Just Energy Group (TSE:JE) Upgraded to Outperform at National Bank Financial

National Bank Financial upgraded shares of Just Energy Group (TSE:JE) (NYSE:JE) from a sector perform rating to an outperform rating in a report released on Thursday, February 8th. They currently have C$6.25 target price on the stock, up from their prior target price of C$6.00.

A number of other equities research analysts have also commented on JE. TD Securities lowered shares of Just Energy Group from a buy rating to a hold rating and lowered their price target for the company from C$9.50 to C$6.50 in a report on Friday, November 10th. Royal Bank of Canada upgraded shares of Just Energy Group from a sector perform rating to an outperform rating and lowered their price target for the company from C$7.50 to C$7.00 in a report on Monday, December 18th. CIBC upgraded shares of Just Energy Group from a neutral rating to an outperform rating and decreased their price objective for the stock from C$7.50 to C$6.50 in a report on Thursday, February 8th. Finally, Canaccord Genuity upgraded shares of Just Energy Group from a hold rating to a buy rating and set a C$6.25 price objective for the company in a report on Thursday, February 8th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of C$6.50.

Shares of Just Energy Group (TSE JE) opened at C$6.27 on Thursday. The firm has a market cap of $923.70, a P/E ratio of 5.55 and a beta of 0.49. Just Energy Group has a 1-year low of C$4.84 and a 1-year high of C$8.62.

In related news, insider Morgan Smith bought 10,000 shares of the stock in a transaction on Tuesday, December 12th. The shares were acquired at an average price of C$4.15 per share, for a total transaction of C$41,500.00. Also, insider Ron Joyce bought 100,000 shares of the stock in a transaction on Monday, November 27th. The shares were bought at an average price of C$5.35 per share, for a total transaction of C$535,000.00.

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Just Energy Group Company Profile

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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