Just Energy (TSX: JE), the Utilities sector company, has received a rating update from a Wall Street analyst yesterday. The company received a Hold rating from National Bank’s analyst Endri Leno, with a C$4.50 price target.
Just Energy has an analyst consensus of Moderate Buy, with a price target consensus of C$5.50, which is a 40.3% upside from current levels. In a report issued on August 20, Canaccord Genuity also maintained a Hold rating on the stock with a C$4.50 price target.
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Just Energy’s market cap is currently C$584.2M and has a P/E ratio of 1.6. The company has a Price to Book ratio of 21.32.
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$3.92, close to its 52-week low of C$3.66.
