Analyst Provides Guidance for This Canadian Energy Stock


Just Energy (JE), the Utilities sector company, has received a rating update from a Wall Street analyst yesterday. The company received a Hold rating from CIBC’s analyst Mark Jarvi, with a C$5 price target.

According to TipRanks.com, Jarvi is ranked #2657 out of 5141 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Just Energy with a C$5.35 average price target.

The company has a one-year high of C$6.42 and a one-year low of C$3.66. Currently, Just Energy has an average volume of 408.5K.

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 Monday at C$4.97.

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