Crew Energy Inc. (CR) Price Target Increased to C$8.00 by Analysts at RBC Capital Markets
Several other research analysts also recently weighed in on CR. BMO Capital Markets boosted their price target on Crew Energy from C$5.25 to C$6.75 in a report on Thursday, June 30th. Royal Bank Of Canada boosted their price objective on shares of Crew Energy from C$6.00 to C$7.00 in a research note on Thursday, July 14th. Dundee Securities boosted their price objective on shares of Crew Energy from C$6.75 to C$7.75 in a research note on Friday, August 5th. National Bank Financial boosted their price objective on shares of Crew Energy from C$7.00 to C$7.50 and gave the company an outperform rating in a research note on Friday, August 5th. Finally, Scotiabank reissued an outperform rating and set a C$7.50 price objective on shares of Crew Energy in a research note on Friday, August 5th. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of C$6.98.
Shares of Crew Energy (TSE:CR) traded up 1.28% on Thursday, reaching $7.12. The company had a trading volume of 111,540 shares. The firm’s market capitalization is $1.02 billion. Crew Energy has a 1-year low of $2.65 and a 1-year high of $7.30. The firm has a 50-day moving average price of $6.65 and a 200 day moving average price of $5.64.
About Crew Energy
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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