Crew Energy Inc (CR) PT Lowered to C$4.75 at CSFB
Crew Energy Inc (TSE:CR) had its price target dropped by equities research analysts at CSFB from C$5.00 to C$4.75 in a research note issued to investors on Friday. CSFB’s target price indicates a potential upside of 10.98% from the stock’s current price.
A number of other research analysts have also recently commented on CR. Eight Capital reduced their target price on Crew Energy from C$6.25 to C$6.00 in a research note on Friday. Laurentian reduced their price objective on Crew Energy from C$5.75 to C$5.25 in a research note on Friday, October 6th. Laurentian Bank of Canada reduced their price objective on Crew Energy from C$5.75 to C$5.25 in a research note on Friday, October 6th. Finally, TD Securities cut Crew Energy from a “buy” rating to a “hold” rating and reduced their price objective for the company from C$5.50 to C$5.00 in a research note on Monday, October 2nd. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of C$7.40.
Crew Energy (TSE:CR) traded down C$0.22 during trading hours on Friday, hitting C$4.28. The company’s stock had a trading volume of 1,460,000 shares, compared to its average volume of 1,070,000. Crew Energy has a 12-month low of C$3.40 and a 12-month high of C$8.10.
In related news, insider Gmt Capital Corp purchased 511,400 shares of the firm’s stock in a transaction on Tuesday, October 24th. The shares were acquired at an average price of C$3.25 per share, for a total transaction of C$1,662,050.00. In the last 90 days, insiders have purchased 531,800 shares of company stock worth $1,725,468.
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.