Crew Energy (OTCMKTS:CWEGF) PT Raised to C$4.50

Crew Energy (OTCMKTS:CWEGF) had its price objective increased by equities research analysts at Scotiabank from C$4.25 to C$4.50 in a report issued on Thursday, The Fly reports.

A number of other analysts also recently issued reports on CWEGF. Desjardins upgraded shares of Crew Energy from a “hold” rating to a “buy” rating in a report on Monday, October 4th. Raymond James lifted their price objective on shares of Crew Energy from C$4.25 to C$4.75 and gave the company an “outperform” rating in a report on Friday, October 29th. BMO Capital Markets restated a “buy” rating and set a $4.00 target price on shares of Crew Energy in a report on Monday, November 8th. National Bank Financial boosted their target price on shares of Crew Energy from C$3.50 to C$4.00 and gave the stock a “sector perform” rating in a report on Monday, November 8th. Finally, Stifel Nicolaus boosted their target price on shares of Crew Energy from C$3.50 to C$4.25 and gave the company a “buy” rating in a research report on Friday, November 5th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $3.54.

OTCMKTS CWEGF opened at $2.67 on Thursday. Crew Energy has a 12-month low of $0.48 and a 12-month high of $2.84. The firm’s 50 day moving average is $2.38 and its 200-day moving average is $2.07.

Crew Energy Company Profile

Crew Energy, Inc engages in the exploration, development and production of crude oil and natural gas in western Canada. Its business activities focus on the Montney resource, situated in northeast British Columbia. The company was founded on May 12, 2003 and is headquartered in Alberta, Canada.

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Analyst Recommendations for Crew Energy (OTCMKTS:CWEGF)

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