Crew Energy (CR) Receives C$3.45 Consensus PT from Analysts

Crew Energy (TSE:CR) has been assigned a consensus recommendation of “Buy” from the twelve ratings firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$3.60.

A number of equities research analysts recently weighed in on the company. Raymond James reduced their price objective on Crew Energy from C$5.15 to C$3.85 and set an “outperform” rating on the stock in a research report on Sunday, February 11th. TD Securities reduced their price objective on Crew Energy from C$4.00 to C$2.50 and set a “hold” rating on the stock in a research report on Monday, February 12th. CIBC boosted their price objective on Crew Energy from C$2.25 to C$2.50 in a research report on Tuesday, March 20th. Royal Bank of Canada reduced their price objective on Crew Energy from C$4.00 to C$3.00 and set a “sector perform” rating on the stock in a research report on Friday, March 2nd. Finally, BMO Capital Markets reduced their price objective on Crew Energy from C$2.25 to C$2.00 in a research report on Friday, March 2nd.

Shares of Crew Energy traded down C$0.04, hitting C$2.65, during midday trading on Thursday, according to MarketBeat.com. The company’s stock had a trading volume of 224,803 shares, compared to its average volume of 1,241,260. Crew Energy has a one year low of C$1.37 and a one year high of C$4.94.

In other Crew Energy news, insider Kurtis Fischer sold 21,971 shares of the company’s stock in a transaction dated Monday, April 9th. The stock was sold at an average price of C$1.97, for a total value of C$43,282.87. Also, insider John Glenn Leach sold 20,000 shares of the company’s stock in a transaction dated Wednesday, April 18th. The shares were sold at an average price of C$2.48, for a total value of C$49,600.00. In the last quarter, insiders acquired 111,000 shares of company stock worth $82,560 and sold 107,011 shares worth $218,600.

Crew Energy Company Profile

Crew Energy Inc engages in the exploration, development, and production of crude oil and natural gas in Canada. The company primarily holds interests in assets located in the Montney area, which includes the Septimus/West Septimus, Tower, Groundbirch, Attachie, and Portage assets with 445 net sections with condensate, light oil, liquids-rich natural gas, and dry gas situated south and west of Fort St.

Analyst Recommendations for Crew Energy (TSE:CR)

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