Just Energy (JE) Receives a Buy from H.C. Wainwright

By Carrie Williams

According to The Fly, just Energy (JEResearch Report), the Utilities sector company, was revisited by a Wall Street analyst today. Analyst Amit Dayal from H.C. Wainwright rated Just Energy (JEResearch Report) a Buy.

According to TipRanks.com, Dayal has currently no stars on a ranking scale of 0-5 stars, with an average return of -7.9% and a 36.0% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Capstone Turbine Corp, and UQM Technologies Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Just Energy with a C$4.75 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 423.7K.

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 Thursday at C$4.96.