Crew Energy (TSE:CR) Given New C$7.00 Price Target at National Bankshares

Crew Energy (TSE:CR) had its price objective lifted by National Bankshares from C$6.75 to C$7.00 in a research report report published on Friday morning, BayStreet.CA reports.

Other equities analysts have also issued reports about the stock. Cormark lowered shares of Crew Energy from a buy rating to a market perform rating and increased their price objective for the company from C$7.00 to C$8.90 in a research report on Tuesday, August 13th. Scotiabank raised their price target on shares of Crew Energy from C$8.00 to C$10.70 and gave the stock an outperform rating in a report on Tuesday, August 13th. Royal Bank of Canada boosted their price objective on shares of Crew Energy from C$6.00 to C$6.75 and gave the company a sector perform rating in a report on Tuesday, August 13th. TD Securities restated a buy rating and issued a C$6.00 target price on shares of Crew Energy in a research note on Thursday, August 8th. Finally, Canaccord Genuity Group downgraded Crew Energy from a buy rating to a hold rating and boosted their price target for the company from C$5.75 to C$6.75 in a research note on Tuesday, August 13th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Crew Energy presently has a consensus rating of Moderate Buy and an average target price of C$7.58.

Crew Energy Stock Performance

CR stock opened at C$7.04 on Friday. Crew Energy has a one year low of C$3.61 and a one year high of C$7.23. The firm has a market cap of C$1.11 billion, a price-to-earnings ratio of 16.37, a PEG ratio of 0.09 and a beta of 1.56. The company has a debt-to-equity ratio of 7.39, a quick ratio of 0.92 and a current ratio of 0.69. The firm has a 50-day simple moving average of C$6.01 and a two-hundred day simple moving average of C$4.99.

Crew Energy (TSE:CR) last announced its earnings results on Wednesday, August 7th. The company reported C$0.08 earnings per share (EPS) for the quarter. Crew Energy had a return on equity of 5.29% and a net margin of 22.52%. The company had revenue of C$75.82 million for the quarter. On average, equities analysts forecast that Crew Energy will post 0.640492 EPS for the current fiscal year.

About Crew Energy

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. The company's principal properties include Montney oil and liquids-rich natural gas assets comprising Septimus, West Septimus, Groundbirch, and Monias and Tower located in the northeast British Columbia.