Crew Energy Inc. (TSE:CR) Receives C$7.39 Consensus Price Target from Brokerages

Crew Energy Inc. (TSE:CR) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$7.39.

Several equities analysts have weighed in on the stock. National Bankshares lifted their price target on shares of Crew Energy from C$6.75 to C$7.00 in a report on Friday, September 27th. Desjardins downgraded Crew Energy from a “hold” rating to a “tender” rating and boosted their price objective for the company from C$5.50 to C$7.00 in a research report on Tuesday, August 13th. Royal Bank of Canada increased their target price on Crew Energy from C$6.00 to C$6.75 and gave the stock a “sector perform” rating in a research report on Tuesday, August 13th. TD Securities reissued a “buy” rating and issued a C$6.00 price target on shares of Crew Energy in a report on Thursday, August 8th. Finally, Canaccord Genuity Group downgraded Crew Energy from a “buy” rating to a “hold” rating and upped their price target for the stock from C$5.75 to C$6.75 in a research note on Tuesday, August 13th.

Crew Energy Price Performance

The company has a quick ratio of 0.92, a current ratio of 0.69 and a debt-to-equity ratio of 7.39. 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 company’s 50 day simple moving average is C$6.68 and its 200-day simple moving average is C$5.18. Crew Energy has a 52-week low of C$3.61 and a 52-week high of C$7.50.

Crew Energy (TSE:CR) last issued its quarterly earnings data 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 during the quarter. Crew Energy had a net margin of 22.52% and a return on equity of 5.29%.

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.