Crew Energy Inc. (CR) Given New C$7.00 Price Target at CIBC
Crew Energy Inc. (TSE:CR) had its price objective hoisted by research analysts at CIBC from C$6.00 to C$7.00 in a research report issued to clients and investors on Wednesday. CIBC’s price target indicates a potential downside of 8.26% from the stock’s current price.
A number of other equities analysts also recently commented on CR. TD Securities reissued a “buy” rating and issued a C$7.50 target price on shares of Crew Energy in a research note on Friday, August 5th. Scotiabank reissued an “outperform” rating and issued a C$7.50 target price on shares of Crew Energy in a research note on Friday, August 5th. BMO Capital Markets raised their target price on shares of Crew Energy from C$5.25 to C$6.75 in a research note on Thursday, June 30th. National Bank Financial raised their target price 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, RBC Capital Markets raised their target price on shares of Crew Energy from C$7.00 to C$8.00 in a research note on Thursday, October 13th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of C$7.12.
Shares of Crew Energy (TSE:CR) traded up 5.53% during trading on Wednesday, hitting $7.63. 1,619,151 shares of the company were exchanged. The company’s 50-day moving average price is $6.70 and its 200 day moving average price is $5.74. The stock’s market cap is $1.09 billion. Crew Energy has a 12 month low of $2.65 and a 12 month high of $7.64.
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.
Receive News & Stock Ratings for Crew Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crew Energy Inc. and related stocks with our FREE daily email newsletter.