Crew Energy (TSE:CR) had its price objective trimmed by National Bank Financial from C$5.50 to C$4.75 in a research note released on Tuesday morning. The firm currently has an outperform rating on the stock.
Several other analysts have also issued reports on CR. Eight Capital restated a buy rating and set a C$6.25 price target on shares of Crew Energy in a research report on Wednesday, September 27th. Laurentian Bank of Canada cut their price target on shares of Crew Energy from C$5.75 to C$5.25 in a research report on Friday, October 6th. TD Securities lowered shares of Crew Energy from a buy rating to a hold rating and cut their price target for the company from C$5.50 to C$5.00 in a research report on Monday, October 2nd. Laurentian cut their price target on shares of Crew Energy from C$5.75 to C$5.25 in a research report on Friday, October 6th. Finally, CIBC upped their price target on shares of Crew Energy from C$5.00 to C$5.50 in a research report on Monday, November 6th. Three investment 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 stock presently has a consensus rating of Buy and a consensus price target of C$6.43.
Shares of Crew Energy (TSE:CR) opened at C$2.63 on Tuesday. Crew Energy has a 1 year low of C$2.60 and a 1 year high of C$6.49. The stock has a market cap of $393.24, a PE ratio of -43.83 and a beta of 0.94.
In other Crew Energy news, insider Kenneth Truscott sold 43,225 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of C$4.19, for a total value of C$181,112.75. Also, insider Gmt Capital Corp acquired 511,400 shares of the stock in a transaction on Tuesday, October 24th. The stock was bought at an average price of C$3.25 per share, with a total value of C$1,662,050.00.
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About Crew Energy
Crew Energy Inc is a Canada-based oil and gas exploration, development and production company. It is a growth-oriented oil and natural gas producer. The Company’s activities are primarily focused in the Montney Resource situated in northeast British Columbia. Its Montney Resource is complemented by its Lloydminster heavy oil property in Alberta and Saskatchewan.
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