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National Bank Keeps a Hold Rating on Just Energy Group Inc (JE)


According to The Fly, national Bank analyst Endri Leno maintained a Hold rating on Just Energy Group Inc (JE) today. The company’s shares opened today at $3.78.

According to TipRanks.com, Leno is ranked #4047 out of 4912 analysts.

Currently, the analyst consensus on Just Energy Group Inc is a Moderate Buy with an average price target of $6.25, representing a 65.3% upside. In a report released yesterday, TD Securities also reiterated a Hold rating on the stock.

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Based on Just Energy Group Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $16.36 million. In comparison, last year the company had a GAAP net loss of $54.94 million.

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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.