Just Energy (TSE:JE) Rating Reaffirmed
Toronto: In a recent report distributed to Clients on 10 December, Rodman & Renshaw reaffirmed their Buy rating on Just Energy (TSE:JE) shares. They now have a $10.0 TP on the firm. Rodman & Renshaw’s target implies a potential upside of 40.25% from the company’s last stock close.
The stock increased 0.31% or $0.03 on December 9, striking $9.68. Approximately 651,379 shares of stock traded hands or 91.36% up from the average. Just Energy Group Inc (TSE:JE) has risen 45.13% since May 7, 2015 and is uptrending. It has outperformed by 47.06% the S&P500.
Just Energy Group Inc. is a Canada energy management solutions well-known provider engaged in electricity, natural gas, solar and green energy. The company has a market cap of $1.42 billion. The Company’s divisions include Consumer Energy and Commercial Energy. It currently has negative earnings. The Firm operates in the United States, Canada and the United Kingdom, offering a range of energy products and home energy management services, including long-term fixed-price, variable-priced, and flat-bill programs, smart thermostats and residential solar panel installations.
According to Zacks Investment Research, “Just Energy Group Inc. is engaged in the sale of natural gas and/or electricity to residential and commercial customers under long-term fixed-price and price-protected contracts. It also offers green products through its JustGreen and JustClean programs. Just Energy also sells and rents high efficiency and tankless water heaters, air conditioners and furnaces to Ontario residents. It also produces and sells wheat-based ethanol through its subsidiary Terra Grain Fuels. Just Energy Group Inc. is based in Toronto.” Get a free copy of the Zacks research report on Just Energy Group Inc (JE).