Analyst Outlook for This Canada’s Energy Sector Company


Yesterday, an analyst has provided a rating update for the Utilities sector company, Just Energy (JE). Analyst Mark Jarvi from CIBC remains neutral on the stock and has a C$4.75 price target.

According to TipRanks.com, Jarvi is ranked #2350 out of 5141 analysts.

Just Energy has an analyst consensus of Moderate Buy, with a price target consensus of C$5.19.

Based on Just Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of C$27.03 million. In comparison, last year the company had a net profit of C$208 million.

Just Energy Group, Inc. engages in the provision of electricity and natural gas commodities, energy efficient solutions, and renewable energy options. It operates through the Consumer Energy, and Commercial Energy segments. The Consumer Energy segment includes cash and cash equivalents, as well as the long-term debt.

The company’s shares closed on Friday at C$4.40.

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