RBC Capital Markets Raises Crew Energy Inc. (CR) Price Target to C$8.00
Crew Energy Inc. (TSE:CR) had its price target upped by analysts at RBC Capital Markets from C$7.00 to C$8.00 in a note issued to investors on Thursday. RBC Capital Markets’ target price points to a potential upside of 15.61% from the company’s current price.
CR has been the topic of several other reports. Scotiabank upped their price objective on shares of Crew Energy from C$7.50 to C$8.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 6th. National Bank Financial upped their price objective on shares of Crew Energy from C$7.50 to C$8.50 and gave the stock an “outperform” rating in a research note on Wednesday, August 31st. Desjardins set a C$7.25 price objective on shares of Crew Energy and gave the stock a “buy” rating in a research note on Friday, August 19th. FirstEnergy Corp. upped their price objective on shares of Crew Energy from C$6.75 to C$7.50 and gave the stock an “outperform” rating in a research note on Tuesday, August 9th. Finally, BMO Capital Markets upped their price objective on shares of Crew Energy from C$5.25 to C$6.75 in a research note on Thursday, June 30th. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of C$6.92.
Shares of Crew Energy (TSE:CR) traded up 3.76% during mid-day trading on Thursday, reaching $7.18. The company’s stock had a trading volume of 561,447 shares. The company’s 50 day moving average price is $6.62 and its 200-day moving average price is $5.63. The company’s market capitalization is $1.02 billion. Crew Energy has a 1-year low of $2.65 and a 1-year high of $7.30.
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About Crew Energy
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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