Research Analysts Offer Predictions for Crew Energy Inc’s FY2018 Earnings (TSE:CR)
Crew Energy Inc (TSE:CR) – Clarus Securities issued their FY2018 earnings estimates for shares of Crew Energy in a research note issued to investors on Thursday. Clarus Securities analyst R. Pare forecasts that the company will post earnings of $0.38 per share for the year.
A number of other brokerages also recently issued reports on CR. CSFB initiated coverage on shares of Crew Energy in a report on Tuesday, May 9th. They set a “neutral” rating and a C$6.50 price target on the stock. Royal Bank Of Canada lowered their price target on shares of 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. Two research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of C$8.46.
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Shares of Crew Energy (TSE:CR) opened at 3.80 on Monday. Crew Energy has a 12 month low of $3.40 and a 12 month high of $8.10. The stock’s 50 day moving average is $3.85 and its 200 day moving average is $4.70. The company’s market capitalization is $569.34 million.
In related news, insider Gmt Capital Corp acquired 14,500 shares of the firm’s stock in a transaction on Monday, June 19th. The shares were acquired at an average cost of C$2.74 per share, with a total value of C$39,730.00. Over the last ninety days, insiders have acquired 58,500 shares of company stock worth $174,137.
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.
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