Royal Bank Of Canada Raises Crew Energy Inc. (CR) Price Target to C$8.00
Crew Energy Inc. (TSE:CR) had its price target hoisted by investment analysts at Royal Bank Of Canada from C$7.00 to C$8.00 in a report issued on Thursday. Royal Bank Of Canada’s price objective would suggest a potential upside of 13.80% from the stock’s previous close.
Several other research firms have also recently issued reports on CR. RBC Capital Markets increased their target price on Crew Energy from C$7.00 to C$8.00 in a research report on Thursday. Scotiabank increased their target price on Crew Energy from C$7.50 to C$8.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 6th. National Bank Financial increased their target price on Crew Energy from C$7.50 to C$8.50 and gave the stock an “outperform” rating in a research report on Wednesday, August 31st. Desjardins set a C$7.25 target price on Crew Energy and gave the stock a “buy” rating in a research report on Friday, August 19th. Finally, FirstEnergy Corp. increased their target price on Crew Energy from C$6.75 to C$7.50 and gave the stock an “outperform” rating in a research report on Tuesday, August 9th. Three equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of C$6.98.
Crew Energy (TSE:CR) traded up 1.59% during trading on Thursday, hitting $7.03. 1,290,899 shares of the company’s stock traded hands. Crew Energy has a 52-week low of $2.65 and a 52-week high of $7.30. The company’s market cap is $1.00 billion. The company’s 50 day moving average price is $6.62 and its 200 day moving average price is $5.63.
Crew Energy Company Profile
Crew Energy Inc is an oil and gas exploration, development and production company. The Company conducts its operations in the Western Canadian Sedimentary basin, primarily in the provinces of Alberta, British Columbia and Saskatchewan. Its activities are primarily focused in the vast Montney resource situated in northeast British Columbia.
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