RBC Capital Reaffirms Their Hold Rating on Just Energy (JE)

By Austin Angelo

Just Energy (JEResearch Report), the Utilities sector company, was revisited by a Wall Street analyst today. The company received a Hold rating from RBC Capital’s analyst Nelson Ng, with a C$4.50 price target.

Ng has an average return of 16.6% when recommending Just Energy.

According to TipRanks.com, Ng is ranked #588 out of 5222 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Just Energy with a C$5.33 average price target.

Just Energy’s market cap is currently C$702.1M and has a P/E ratio of 0. The company has a Price to Book ratio of -6.05.

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 following segments: Consumer Energy, and Commercial Energy. The Consumer Energy segment includes cash and cash equivalents, as well as the long-term debt.

The company’s shares closed on Tuesday at C$4.20.