CIBC cut shares of Crew Energy (TSE:CR) from an outperform rating to a neutral rating in a research report released on Monday morning. They currently have C$2.50 price target on the stock, down from their prior price target of C$4.50.

A number of other research firms also recently weighed in on CR. Scotiabank decreased their price objective on Crew Energy from C$4.75 to C$3.75 and set an outperform rating on the stock in a report on Friday, February 9th. Raymond James Financial decreased their price objective on Crew Energy from C$5.15 to C$3.85 and set an outperform rating on the stock in a report on Sunday. CSFB decreased their price objective on Crew Energy from C$5.00 to C$4.75 in a report on Friday, November 3rd. National Bank Financial decreased their price objective on Crew Energy from C$5.50 to C$4.75 and set an outperform rating on the stock in a report on Tuesday, January 9th. Finally, Eight Capital decreased their price objective on Crew Energy from C$6.25 to C$6.00 in a report on Friday, November 3rd. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of C$4.16.

Shares of Crew Energy (CR) opened at C$1.79 on Monday. The firm has a market capitalization of $269.52, a P/E ratio of -29.83 and a beta of 0.72. Crew Energy has a 1-year low of C$1.70 and a 1-year high of C$6.13.

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About Crew Energy

Crew Energy Inc is a Canada-based oil and gas exploration, development and production company. It is a growth-oriented oil and natural gas producer. The Company’s activities are primarily focused in the Montney Resource situated in northeast British Columbia. Its Montney Resource is complemented by its Lloydminster heavy oil property in Alberta and Saskatchewan.

Analyst Recommendations for Crew Energy (TSE:CR)

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