Crew Energy (CR) Price Target Cut to C$2.50 by Analysts at TD Securities

Crew Energy (TSE:CR) had its price objective decreased by TD Securities from C$4.00 to C$2.50 in a report released on Monday. The brokerage currently has a “hold” rating on the stock. TD Securities’ target price would indicate a potential upside of 32.28% from the stock’s current price.

A number of other equities analysts have also recently issued reports on the stock. CIBC reduced their price objective on shares of Crew Energy from C$5.00 to C$4.50 in a research note on Tuesday, January 23rd. CSFB reduced their price objective on shares of Crew Energy from C$5.00 to C$4.75 in a research note on Friday, November 3rd. National Bank Financial reduced their price objective on shares of Crew Energy from C$5.50 to C$4.75 and set an “outperform” rating on the stock in a research note on Tuesday, January 9th. Eight Capital reduced their price objective on shares of Crew Energy from C$6.25 to C$6.00 in a research note on Friday, November 3rd. Finally, Raymond James Financial reduced their price objective on shares of Crew Energy from C$5.70 to C$5.15 and set an “outperform” rating on the stock in a research note on Monday, February 5th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of C$4.49.

Shares of Crew Energy (TSE CR) remained flat at $C$1.89 during mid-day trading on Monday. 1,241,568 shares of the company were exchanged, compared to its average volume of 1,110,289. Crew Energy has a 1-year low of C$1.76 and a 1-year high of C$6.13. The stock has a market capitalization of $267.28, a P/E ratio of -30.67 and a beta of 0.72.

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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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