Analysts Set Crew Energy Inc. (TSE:CR) PT at C$8.20

Crew Energy Inc. (TSE:CR – Get Rating) has earned a consensus rating of “Moderate Buy” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$8.20.

Several equities research analysts recently weighed in on the company. Stifel Nicolaus dropped their price target on Crew Energy from C$8.00 to C$7.50 in a research report on Monday, February 13th. Raymond James reduced their price target on Crew Energy from C$9.00 to C$7.00 and set an “outperform” rating for the company in a research report on Monday, January 16th. Canaccord Genuity Group cut their target price on Crew Energy from C$9.00 to C$8.00 in a research report on Thursday, March 9th. TD Securities dropped their price target on Crew Energy from C$8.50 to C$8.00 and set a “buy” rating for the company in a research note on Friday, December 9th. Finally, Scotiabank dropped their price target on Crew Energy from C$10.00 to C$8.50 in a research note on Tuesday, January 17th.

Crew Energy Stock Down 2.9 %

Shares of TSE CR opened at C$4.77 on Thursday. The company has a market cap of C$747.36 million, a P/E ratio of 3.06, a P/E/G ratio of 0.09 and a beta of 2.16. The company has a quick ratio of 0.92, a current ratio of 1.44 and a debt-to-equity ratio of 14.65. The business has a 50-day simple moving average of C$4.73 and a two-hundred day simple moving average of C$5.44. Crew Energy has a 52 week low of C$3.61 and a 52 week high of C$6.99.

About Crew Energy

(Get Rating)

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. It primarily holds interests in Septimus, West Septimus, Groundbirch/Monias, Tower, and Attachie, areas located in the southwest, south, and west of Fort St.