Crew Energy Inc. (CR) Given Average Rating of “Buy” by Brokerages
Shares of Crew Energy Inc. (TSE:CR) have received an average rating of “Buy” from the fifteen analysts that are presently covering the company. Two investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$7.25.
A number of brokerages have recently commented on CR. TD Securities reissued a “buy” rating and issued a C$7.50 price target on shares of Crew Energy in a report on Friday, August 5th. Scotiabank reissued an “outperform” rating and issued a C$7.50 price target on shares of Crew Energy in a report on Friday, August 5th. National Bank Financial increased their price target on shares of Crew Energy from C$7.00 to C$7.50 and gave the stock an “outperform” rating in a report on Friday, August 5th. CIBC increased their price target on shares of Crew Energy from C$7.00 to C$7.50 in a report on Friday, November 4th. Finally, RBC Capital Markets increased their price target on shares of Crew Energy from C$7.00 to C$8.00 in a report on Thursday, October 13th.
Crew Energy (TSE:CR) traded down 2.80% during trading on Friday, reaching $7.28. 278,734 shares of the company traded hands. Crew Energy has a 12-month low of $2.65 and a 12-month high of $7.83. The firm’s 50 day moving average price is $7.04 and its 200 day moving average price is $6.22. The firm’s market capitalization is $1.05 billion.
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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