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National Bank Sticks to Its Hold Rating for Just Energy (JE)


In a new note to investors today, an analyst has provided a rating update for the Utilities sector company, Just Energy (JE). Analyst Endri Leno from National Bank remains neutral on the stock and has a C$5 price target.

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

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Just Energy with a C$4.85 average price target, a -2.8% downside from current levels. In a report released yesterday, TD Securities also reiterated a Hold rating on the stock with a C$5 price target.

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Just Energy’s market cap is currently C$739.2M and has a P/E ratio of 2.1. The company has a Price to Book ratio of 26.97.

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$4.99.