Crew Energy Inc (CR) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Crew Energy Inc (TSE:CR) have received a consensus rating of “Buy” from the ten analysts that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$6.98.

CR has been the topic of several research analyst reports. CIBC boosted their price target on Crew Energy from C$5.00 to C$5.50 in a research note on Monday, November 6th. CSFB dropped their price target on Crew Energy from C$5.00 to C$4.75 in a research note on Friday, November 3rd. TD Securities downgraded Crew Energy from a “buy” rating to a “hold” rating and dropped their price target for the company from C$5.50 to C$5.00 in a research note on Monday, October 2nd. Eight Capital reiterated a “buy” rating and set a C$6.25 price target on shares of Crew Energy in a research note on Wednesday, September 27th. Finally, Laurentian dropped their price target on Crew Energy from C$5.75 to C$5.25 in a research note on Friday, October 6th.

Crew Energy (CR) traded down C$0.16 during trading on Friday, reaching C$3.04. The company’s stock had a trading volume of 1,299,566 shares, compared to its average volume of 1,330,182. The stock has a market cap of $448.36, a P/E ratio of -50.67 and a beta of 0.94. Crew Energy has a twelve month low of C$2.97 and a twelve month high of C$7.46.

In other news, insider Kenneth Truscott sold 43,225 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of C$4.19, for a total value of C$181,112.75. Also, insider Gmt Capital Corp acquired 511,400 shares of the firm’s stock in a transaction dated Tuesday, October 24th. The stock was bought at an average cost of C$3.25 per share, with a total value of C$1,662,050.00.

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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.

Analyst Recommendations for Crew Energy (TSE:CR)

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