Analysts Set Crew Energy Inc. (TSE:CR) PT at C$7.39

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

A number of equities analysts have issued reports on the stock. Desjardins downgraded shares of Crew Energy from a “hold” rating to a “tender” rating and lifted their price objective for the stock from C$5.50 to C$7.00 in a report on Tuesday, August 13th. Cormark cut shares of Crew Energy from a “buy” rating to a “market perform” rating and boosted their price target for the stock from C$7.00 to C$8.90 in a report on Tuesday, August 13th. Royal Bank of Canada increased 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 research note on Tuesday, August 13th. Canaccord Genuity Group cut shares of Crew Energy from a “buy” rating to a “hold” rating and lifted their target price for the stock from C$5.75 to C$6.75 in a research report on Tuesday, August 13th. Finally, BMO Capital Markets upped their target price on Crew Energy from C$5.25 to C$6.75 and gave the company a “market perform” rating in a report on Tuesday, August 13th.

Crew Energy Stock Performance

The company has a market cap of C$1.16 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 0.09 and a beta of 1.55. The company has a debt-to-equity ratio of 7.39, a quick ratio of 0.92 and a current ratio of 0.69. Crew Energy has a 1 year low of C$3.61 and a 1 year high of C$7.50. The company has a fifty day simple moving average of C$6.68 and a 200-day simple moving average of C$5.18.

Crew Energy (TSE:CR) last posted its earnings results on Wednesday, August 7th. The company reported C$0.08 earnings per share 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.

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.