CIBC Lowers Just Energy Group (TSE:JE) Price Target to C$1.75

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Just Energy Group (TSE:JE) (NYSE:JE) had its target price cut by CIBC from C$2.25 to C$1.75 in a research note published on Tuesday morning, BayStreet.CA reports.

Separately, Royal Bank of Canada decreased their price objective on Just Energy Group from C$3.00 to C$2.00 in a report on Tuesday. Five research analysts have rated the stock with a hold rating, The company presently has an average rating of Hold and a consensus price target of C$2.65.

TSE JE opened at C$1.41 on Tuesday. The company has a market cap of $218.30 million and a price-to-earnings ratio of -0.53. Just Energy Group has a 52 week low of C$1.40 and a 52 week high of C$5.78. The business has a 50 day moving average price of C$2.04 and a 200-day moving average price of C$2.61. The company has a quick ratio of 0.41, a current ratio of 0.81 and a debt-to-equity ratio of 2,374.38.

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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