Crew Energy Inc. (TSE:CR) had its target price hoisted by research analysts at CIBC from C$6.00 to C$7.00 in a research note issued to investors on Wednesday. CIBC’s target price suggests a potential downside of 8.26% from the company’s current price.
Several other analysts also recently issued reports on the stock. Royal Bank Of Canada upped their price objective on shares of Crew Energy from C$7.00 to C$8.00 in a report on Thursday, October 13th. RBC Capital Markets upped their price objective on shares of Crew Energy from C$7.00 to C$8.00 in a report on Thursday, October 13th. Dundee Securities upped their price objective on shares of Crew Energy from C$6.75 to C$7.75 in a report on Friday, August 5th. BMO Capital Markets upped their price objective on shares of Crew Energy from C$5.25 to C$6.75 in a report on Thursday, June 30th. Finally, TD Securities reaffirmed a “buy” rating and set a C$7.50 price objective on shares of Crew Energy in a report on Friday, August 5th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$7.12.
Crew Energy (TSE:CR) traded up 5.53% on Wednesday, hitting $7.63. 1,619,151 shares of the stock traded hands. Crew Energy has a 12-month low of $2.65 and a 12-month high of $7.64. The stock has a 50-day moving average of $6.70 and a 200-day moving average of $5.74. The firm’s market cap is $1.09 billion.
Crew Energy Company Profile
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.
Receive News & Ratings for Crew Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crew Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.