CIBC Boosts Crew Energy Inc (CR) Price Target to C$5.50
A number of other research analysts also recently issued reports on the stock. CSFB decreased their price target on shares of Crew Energy from C$5.00 to C$4.75 in a research note on Friday, November 3rd. Eight Capital decreased their price target on shares of Crew Energy from C$6.25 to C$6.00 in a research note on Friday, November 3rd. Laurentian decreased their price target on shares of Crew Energy from C$5.75 to C$5.25 in a research note on Friday, October 6th. Laurentian Bank of Canada decreased their price target on shares of Crew Energy from C$5.75 to C$5.25 in a research note on Friday, October 6th. Finally, TD Securities downgraded shares of Crew Energy from a buy rating to a hold rating and decreased their price target for the stock from C$5.50 to C$5.00 in a research note on Monday, October 2nd. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of C$7.27.
Crew Energy (CR) opened at C$4.20 on Monday. 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 acquired 11,000 shares of Crew Energy stock in a transaction dated Monday, September 18th. The stock was acquired at an average price of C$3.17 per share, for a total transaction of C$34,870.00. Insiders have bought a total of 525,000 shares of company stock valued at $1,705,136 in the last 90 days.
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.
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