Crew Energy Inc. (TSE:CR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Crew Energy Inc. (TSE:CR) has been assigned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$7.39.

Several analysts have commented on the company. Desjardins lowered Crew Energy from a “hold” rating to a “tender” rating and raised their price objective for the company from C$5.50 to C$7.00 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 boosted their price target 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. National Bankshares increased their price objective on shares of Crew Energy from C$6.75 to C$7.00 in a report on Friday, September 27th. Finally, Canaccord Genuity Group cut shares of Crew Energy from a “buy” rating to a “hold” rating and boosted their target price for the stock from C$5.75 to C$6.75 in a research note on Tuesday, August 13th.

Crew Energy Price Performance

Crew Energy has a 12 month low of C$3.61 and a 12 month high of C$7.50. The company has a debt-to-equity ratio of 7.39, a quick ratio of 0.92 and a current ratio of 0.69. The stock has a market cap of C$1.16 billion, a price-to-earnings ratio of 17.21, a P/E/G ratio of 0.09 and a beta of 1.55. The stock’s 50-day moving average price is C$6.82 and its 200-day moving average price is C$5.22.

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.