Crew Energy Inc (CR) Given Average Rating of “Buy” by Analysts
Crew Energy Inc (TSE:CR) has earned an average rating of “Buy” from the twelve brokerages that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$8.46.
A number of equities analysts recently issued reports on the stock. Royal Bank Of Canada dropped 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 research note on Wednesday, May 10th. CSFB assumed coverage on shares of Crew Energy in a research note on Tuesday, May 9th. They issued a “neutral” rating and a C$6.50 price target on the stock.
Shares of Crew Energy (CR) opened at 3.80 on Tuesday. Crew Energy has a one year low of $3.40 and a one year high of $8.10. The stock’s market cap is $569.34 million. The stock has a 50 day moving average of $3.85 and a 200 day moving average of $4.70.
In other Crew Energy news, insider Gmt Capital Corp bought 14,500 shares of the firm’s stock in a transaction on Monday, June 19th. The stock was acquired at an average price of C$2.74 per share, with a total value of C$39,730.00. In the last three months, insiders acquired 58,500 shares of company stock valued at $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.
Receive News & Ratings for Crew Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crew Energy Inc and related companies with MarketBeat.com's FREE daily email newsletter.