Equities Analysts Issue Forecasts for Just Energy Group Inc.’s Q3 2018 Earnings (JE)
Just Energy Group Inc. (TSE:JE) (NYSE:JE) – Stock analysts at B. Riley issued their Q3 2018 earnings estimates for Just Energy Group in a research note issued to investors on Wednesday. B. Riley analyst C. Driscoll forecasts that the company will post earnings of $0.26 per share for the quarter. B. Riley also issued estimates for Just Energy Group’s Q4 2018 earnings at $0.18 EPS, FY2018 earnings at $0.64 EPS, Q1 2019 earnings at $0.09 EPS, Q2 2019 earnings at $0.19 EPS, Q3 2019 earnings at $0.21 EPS, Q4 2019 earnings at $0.16 EPS and FY2019 earnings at $0.64 EPS.
Several other research firms have also commented on JE. TD Securities lowered Just Energy Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from C$9.50 to C$6.50 in a research report on Friday, November 10th. National Bank Financial reduced their price target 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 investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of C$7.17.
Just Energy Group (TSE:JE) opened at C$5.77 on Friday. Just Energy Group has a 1 year low of C$5.62 and a 1 year high of C$8.62.
In related news, insider Krishnan Kasiviswanathan sold 27,810 shares of the company’s 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.
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