Crew Energy Inc. (CR) PT Raised to C$8.00
Crew Energy Inc. (TSE:CR) had its target price upped by stock analysts at RBC Capital Markets from C$7.00 to C$8.00 in a note issued to investors on Thursday. RBC Capital Markets’ price objective indicates a potential upside of 13.80% from the company’s previous close.
A number of other equities research analysts have also weighed in on CR. TD Securities restated a “buy” rating and issued a C$7.50 target price on shares of Crew Energy in a report on Friday, August 5th. Scotiabank restated an “outperform” rating and issued a C$7.50 target price on shares of Crew Energy in a report on Friday, August 5th. BMO Capital Markets upped their target price on shares of Crew Energy from C$5.25 to C$6.75 in a report on Thursday, June 30th. National Bank Financial increased 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, FirstEnergy Capital increased their price objective on shares of Crew Energy from C$6.75 to C$7.50 and gave the company an “outperform” rating in a research note on Monday, August 8th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Crew Energy currently has a consensus rating of “Buy” and a consensus target price of C$6.98.
Crew Energy (TSE:CR) traded up 1.59% during mid-day trading on Thursday, hitting $7.03. The company’s stock had a trading volume of 1,292,899 shares. The firm’s market cap is $1.00 billion. The firm has a 50 day moving average of $6.62 and a 200-day moving average of $5.63. Crew Energy has a 52-week low of $2.65 and a 52-week high of $7.30.
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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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