Crew Energy (TSE:CR – Free Report) had its price objective upped by National Bankshares from C$6.75 to C$7.00 in a research report sent to investors on Friday, BayStreet.CA reports.
Other equities analysts also recently issued research reports about the company. Desjardins downgraded Crew Energy from a hold rating to a tender rating and upped their price target for the stock from C$5.50 to C$7.00 in a research report on Tuesday, August 13th. BMO Capital Markets increased their target price on shares of Crew Energy from C$5.25 to C$6.75 and gave the stock a market perform rating in a report on Tuesday, August 13th. Scotiabank lifted their price target on shares of Crew Energy from C$8.00 to C$10.70 and gave the company an outperform rating in a research note 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 stock a sector perform rating in a research note on Tuesday, August 13th. Finally, Cormark downgraded Crew Energy from a buy rating to a market perform rating and lifted their target price for the company from C$7.00 to C$8.90 in a research report on Tuesday, August 13th. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of Moderate Buy and a consensus target price of C$7.58.
Read Our Latest Report on Crew Energy
Crew Energy Stock Up 4.5 %
Crew Energy (TSE:CR – Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported C$0.08 earnings per share (EPS) for the quarter. The firm had revenue of C$75.82 million for the quarter. Crew Energy had a return on equity of 5.29% and a net margin of 22.52%. On average, equities research analysts anticipate 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.
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