Crew Energy Inc (CR) Receives C$2.03 Average PT from Analysts
Crew Energy Inc (TSE:CR) has received a consensus recommendation of “Buy” from the ten research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$1.89.
Several research firms have issued reports on CR. TD Securities upgraded shares of Crew Energy from a “hold” rating to a “buy” rating and raised their price target for the stock from C$1.40 to C$1.90 in a report on Monday, January 7th. Eight Capital upgraded shares of Crew Energy from a “neutral” rating to a “buy” rating in a report on Tuesday, November 6th. Raymond James restated a “market perform” rating and set a C$1.60 price target on shares of Crew Energy in a report on Thursday, January 10th. National Bank Financial lowered their price target on shares of Crew Energy from C$3.00 to C$1.65 and set an “outperform” rating for the company in a report on Monday, December 10th. Finally, Royal Bank of Canada lowered their price target on shares of Crew Energy from C$2.50 to C$1.25 in a report on Tuesday, January 8th.
TSE CR traded up C$0.01 during trading hours on Friday, reaching C$0.93. The company’s stock had a trading volume of 504,700 shares, compared to its average volume of 624,207. The firm has a market cap of $141.11 million and a PE ratio of -38.75. Crew Energy has a 52 week low of C$0.75 and a 52 week high of C$2.77. The company has a debt-to-equity ratio of 39.35, a current ratio of 0.95 and a quick ratio of 0.94.
Crew Energy Inc engages in the exploration, development, and production of crude oil and natural gas in Canada. The company primarily holds interests in assets located in the Montney area, which includes the Septimus/West Septimus, Tower, Groundbirch, Attachie, and Portage assets with 445 net sections with condensate, light oil, liquids-rich natural gas, and dry gas situated south and west of Fort St.
Read More: Why is Cost of Capital Important?
Receive News & Ratings for Crew Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crew Energy and related companies with MarketBeat.com's FREE daily email newsletter.