Crew Energy Inc (CR) Given Average Rating of “Buy” by Brokerages
Shares of Crew Energy Inc (TSE:CR) have been given an average rating of “Buy” by the thirteen ratings firms that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$8.40.
A number of equities research analysts recently weighed in on the company. Royal Bank Of Canada lowered their price target on Crew Energy from C$9.00 to C$8.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 10th. CSFB assumed coverage on Crew Energy in a report on Tuesday, May 9th. They issued a “neutral” rating and a C$6.50 price target on the stock.
Crew Energy (CR) opened at 3.80 on Friday. Crew Energy has a 52-week low of $3.40 and a 52-week high of $8.10. The stock’s market cap is $569.34 million. The stock has a 50 day moving average price of $4.09 and a 200 day moving average price of $5.22.
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In other Crew Energy news, Director John Albert Brussa purchased 10,000 shares of Crew Energy stock in a transaction on Thursday, April 27th. The shares were bought at an average price of C$4.07 per share, with a total value of C$40,700.00. Also, insider Gmt Capital Corp purchased 14,500 shares of Crew Energy stock in a transaction on Monday, June 19th. The shares were acquired at an average cost of C$2.74 per share, for a total transaction of C$39,730.00. In the last ninety days, insiders purchased 49,600 shares of company stock worth $153,973.
Crew Energy Company Profile
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.
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