Crew Energy Inc. (TSE:CR) had its target price lifted by analysts at Royal Bank Of Canada from C$7.00 to C$8.00 in a research note issued to investors on Thursday, StockTargetPrices.com reports. Royal Bank Of Canada’s price objective indicates a potential upside of 13.80% from the stock’s previous close.
Several other equities analysts have also weighed in on CR. RBC Capital Markets lifted their target price on shares of Crew Energy from C$7.00 to C$8.00 in a report on Thursday. TD Securities reiterated a “buy” rating and issued a C$7.50 price objective on shares of Crew Energy in a report on Friday, August 5th. Scotiabank reiterated an “outperform” rating and issued a C$7.50 price objective on shares of Crew Energy in a report on Friday, August 5th. BMO Capital Markets boosted their price objective on shares of Crew Energy from C$5.25 to C$6.75 in a report on Thursday, June 30th. Finally, National Bank Financial upped their target price on shares of Crew Energy from C$7.00 to C$7.50 and gave the company an “outperform” rating in a research note on Friday, August 5th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of C$6.98.
Shares of Crew Energy (TSE:CR) traded up 1.59% during midday trading on Thursday, hitting $7.03. The company had a trading volume of 1,290,899 shares. The company has a 50-day moving average of $6.62 and a 200-day moving average of $5.63. The company’s market capitalization is $1.00 billion. Crew Energy has a 12 month low of $2.65 and a 12 month high of $7.30.
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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