Brokerages Set Crew Energy Inc. (TSE:CR) PT at C$7.55

Shares of Crew Energy Inc. (TSE:CR) have been given an average rating of “Moderate Buy” by the eight research firms that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$7.55.

A number of equities research analysts have recently issued reports on CR shares. TD Securities reissued a “buy” rating and issued a C$6.00 price target on shares of Crew Energy in a research note on Thursday, August 8th. Royal Bank of Canada upped their price target on 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. National Bankshares cut Crew Energy from a “sector perform” rating to a “tender” rating and lifted their price objective for the company from C$5.00 to C$6.75 in a research note on Tuesday, August 13th. BMO Capital Markets boosted their price objective 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. Finally, Canaccord Genuity Group cut Crew Energy from a “buy” rating to a “hold” rating and raised their target price for the company from C$5.75 to C$6.75 in a report on Tuesday, August 13th.

Crew Energy Stock Up 0.7 %

Shares of TSE CR opened at C$6.76 on Monday. Crew Energy has a 1 year low of C$3.61 and a 1 year high of C$7.23. The company has a market capitalization of C$1.06 billion, a P/E ratio of 15.72, a P/E/G ratio of 0.09 and a beta of 1.56. The company has a 50 day simple moving average of C$5.14 and a 200-day simple moving average of C$4.71. The company has a debt-to-equity ratio of 7.39, a current ratio of 0.69 and a quick ratio of 0.92.

Crew Energy (TSE:CR) last posted 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 during the quarter. On average, equities research analysts predict that Crew Energy will post 0.612874 earnings per share 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.