Just Energy Group (JE) Given New C$5.00 Price Target at CIBC
Other equities analysts have also recently issued reports about the company. TD Securities lowered their price target on Just Energy Group from C$6.00 to C$5.00 and set a hold rating on the stock in a report on Friday, February 8th. National Bank Financial increased their price target on Just Energy Group from C$5.00 to C$5.25 and gave the company a sector perform rating in a report on Friday. Finally, Royal Bank of Canada cut Just Energy Group from an outperform rating to a sector perform rating and increased their price target for the company from C$5.00 to C$5.50 in a report on Wednesday, December 12th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Just Energy Group presently has an average rating of Hold and an average price target of C$5.25.
TSE JE opened at C$4.59 on Friday. The firm has a market cap of $686.29 million and a PE ratio of 3.37. The company has a current ratio of 1.16, a quick ratio of 0.78 and a debt-to-equity ratio of 445.29. Just Energy Group has a 1-year low of C$3.66 and a 1-year high of C$5.79.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be issued a dividend of $0.125 per share. The ex-dividend date is Thursday, March 14th. This represents a $0.50 annualized dividend and a dividend yield of 10.89%. Just Energy Group’s payout ratio is 36.66%.
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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