Crew Energy Inc. (TSE:CR) Receives C$7.55 Consensus Price Target from Analysts

Crew Energy Inc. (TSE:CR) has been assigned an average recommendation of “Moderate Buy” from the eight research firms that are currently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$7.58.

Several research firms have commented on CR. National Bankshares upped their price target on Crew Energy from C$6.75 to C$7.00 in a report on Friday. 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. Scotiabank lifted 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 research note on Tuesday, August 13th. Canaccord Genuity Group cut shares of Crew Energy from a “buy” rating to a “hold” rating and increased their price objective for the company from C$5.75 to C$6.75 in a research note on Tuesday, August 13th. Finally, Royal Bank of Canada raised their price objective on shares of Crew Energy from C$6.00 to C$6.75 and gave the stock a “sector perform” rating in a report on Tuesday, August 13th.

Crew Energy Stock Performance

TSE:CR opened at C$7.04 on Friday. The firm has a market capitalization of C$1.11 billion, a PE ratio of 16.37, a PEG ratio of 0.09 and a beta of 1.56. Crew Energy has a 1 year low of C$3.61 and a 1 year high of C$7.23. The company has a current ratio of 0.69, a quick ratio of 0.92 and a debt-to-equity ratio of 7.39. The firm’s fifty day simple moving average is C$6.01 and its 200 day simple moving average is C$4.99.

Crew Energy (TSE:CR) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.08 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 during the quarter. On average, sell-side analysts anticipate that Crew Energy will post 0.640492 EPS for the current year.

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.