Crew Energy Inc (CR) Earns Strong-Buy Rating from Raymond James Financial, Inc.
Raymond James Financial, Inc. reaffirmed their strong-buy rating on shares of Crew Energy Inc (TSE:CR) in a research note published on Friday. Raymond James Financial, Inc. currently has a C$10.75 target price on the stock.
A number of other research analysts also recently commented on the company. Scotiabank restated an outperform rating and set a C$9.00 price objective on shares of Crew Energy in a research note on Friday, February 10th. CIBC lowered their price objective on Crew Energy from C$7.50 to C$7.00 in a research note on Wednesday, January 25th. Royal Bank Of Canada downgraded Crew Energy from an outperform rating to a sector perform rating and set a C$9.00 price objective for the company. in a research note on Monday, January 9th. GMP Securities lowered their price objective on Crew Energy from C$10.75 to C$10.25 in a research note on Friday, January 6th. Finally, TD Securities lowered their price objective on Crew Energy from C$9.50 to C$9.00 in a research note on Friday, January 6th. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Crew Energy currently has a consensus rating of Buy and a consensus target price of C$8.12.
Crew Energy (TSE:CR) traded down 0.99% during mid-day trading on Friday, reaching $6.01. The company had a trading volume of 1,017,344 shares. Crew Energy has a 12 month low of $2.91 and a 12 month high of $8.10. The firm’s market capitalization is $870.70 million. The stock’s 50-day moving average is $6.22 and its 200 day moving average is $6.67.
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About Crew Energy
Crew Energy Inc is an oil and gas exploration, development and production company. The Company conducts its operations in the Western Canadian Sedimentary basin, primarily in the provinces of Alberta, British Columbia and Saskatchewan. Its activities are primarily focused in the vast Montney resource situated in northeast British Columbia.
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