Crew Energy Inc. (CR) PT Raised to C$8.00
Crew Energy Inc. (TSE:CR) had its target price boosted by analysts at Royal Bank Of Canada from C$7.00 to C$8.00 in a research report issued on Thursday, StockTargetPrices.com reports. Royal Bank Of Canada’s price objective would suggest a potential upside of 13.80% from the stock’s current price.
A number of other brokerages have also issued reports on CR. RBC Capital Markets upped their target price on shares of Crew Energy from C$7.00 to C$8.00 in a research note on Thursday. Scotiabank upped their target price on shares of Crew Energy from C$7.50 to C$8.00 and gave the company an “outperform” rating in a research note on Tuesday, September 6th. National Bank Financial upped their target price on shares of Crew Energy from C$7.50 to C$8.50 and gave the company an “outperform” rating in a research note on Wednesday, August 31st. Desjardins set a C$7.25 target price on shares of Crew Energy and gave the company a “buy” rating in a research note on Friday, August 19th. Finally, FirstEnergy Corp. upped their target price 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 Tuesday, August 9th. Three 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’s stock. Crew Energy currently has a consensus rating of “Buy” and an average target price of C$6.98.
Crew Energy (TSE:CR) traded up 1.59% on Thursday, hitting $7.03. The stock had a trading volume of 1,290,899 shares. Crew Energy has a one year low of $2.65 and a one year high of $7.30. The firm’s market cap is $1.00 billion. The company’s 50-day moving average price is $6.62 and its 200 day moving average price is $5.63.
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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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