Just Energy Group Inc (JE) Stock Rating Lowered by TD Securities

Just Energy Group Inc (TSE:JE) (NYSE:JE) was downgraded by stock analysts at TD Securities from a “buy” rating to a “hold” rating in a note issued to investors on Friday. They presently have a C$6.50 target price on the stock, down from their prior target price of C$9.50. TD Securities’ price target would suggest a potential upside of 9.61% from the stock’s current price.

Separately, National Bank Financial dropped 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 note on Monday, August 14th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Just Energy Group has an average rating of “Buy” and an average target price of C$7.17.

Shares of Just Energy Group (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 related news, insider Krishnan Kasiviswanathan sold 27,810 shares of the firm’s stock in a transaction on Monday, September 18th. The stock was sold at an average price of C$5.63, for a total value 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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