Crew Energy (TSE:CR – Get Free Report) had its target price boosted by research analysts at National Bankshares from C$6.75 to C$7.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports.
Several other brokerages have also recently issued reports on CR. Royal Bank of Canada raised their price objective 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. Canaccord Genuity Group lowered Crew Energy from a “buy” rating to a “hold” rating and boosted their price target for the stock from C$5.75 to C$6.75 in a research report on Tuesday, August 13th. Desjardins cut Crew Energy from a “hold” rating to a “tender” rating and increased their price target for the stock from C$5.50 to C$7.00 in a research note on Tuesday, August 13th. Scotiabank upped their price objective on shares of Crew Energy from C$8.00 to C$10.70 and gave the stock an “outperform” rating in a report on Tuesday, August 13th. Finally, Cormark cut shares of Crew Energy from a “buy” rating to a “market perform” rating and raised their target price for the company from C$7.00 to C$8.90 in a research note on Tuesday, August 13th. 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 to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$7.58.
Check Out Our Latest Report on Crew Energy
Crew Energy Price Performance
Crew Energy (TSE:CR – Get Free Report) last released its quarterly earnings data 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 business had revenue of C$75.82 million for the quarter. On average, equities analysts expect that Crew Energy will post 0.640492 earnings per share 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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