Crew Energy Inc. (TSE:CR) Receives C$7.39 Average Price Target from Analysts

Crew Energy Inc. (TSE:CR) has been given an average rating of “Moderate Buy” by the eight brokerages that are covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$7.39.

Several equities research analysts have issued reports on CR shares. BMO Capital Markets raised their price target on shares of Crew Energy from C$5.25 to C$6.75 and gave the stock a “market perform” rating in a research note on Tuesday, August 13th. Royal Bank of Canada lifted their target price on shares of Crew Energy from C$6.00 to C$6.75 and gave the stock a “sector perform” rating in a research note on Tuesday, August 13th. TD Securities reissued a “buy” rating and set a C$6.00 price target on shares of Crew Energy in a research note on Thursday, August 8th. Cormark downgraded Crew Energy from a “buy” rating to a “market perform” rating and lifted their price objective for the company from C$7.00 to C$8.90 in a research report on Tuesday, August 13th. Finally, National Bankshares increased their target price on Crew Energy from C$6.75 to C$7.00 in a research report on Friday, September 27th.

Crew Energy Price Performance

The company has a debt-to-equity ratio of 7.39, a current ratio of 0.69 and a quick ratio of 0.92. The stock has a market capitalization of C$1.16 billion, a P/E ratio of 17.21, a P/E/G ratio of 0.09 and a beta of 1.55. Crew Energy has a 12-month low of C$3.61 and a 12-month high of C$7.50. The firm has a 50-day moving average of C$7.03 and a two-hundred day moving average of C$5.27.

Crew Energy Company Profile

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.