Crew Energy Inc. (OTCMKTS:CWEGF) Receives Average Recommendation of “Hold” from Brokerages

Shares of Crew Energy Inc. (OTCMKTS:CWEGF) have earned an average recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $1.42.

Several brokerages have commented on CWEGF. Scotiabank raised their price objective on shares of Crew Energy from $1.50 to $1.60 and gave the stock a “sector perform” rating in a report on Thursday, April 15th. Stifel Nicolaus raised their price objective on shares of Crew Energy from $1.25 to $2.00 and gave the stock a “buy” rating in a report on Friday, March 12th. National Bank Financial restated a “sector perform” rating on shares of Crew Energy in a report on Friday, February 19th. Canaccord Genuity upgraded shares of Crew Energy from a “hold” rating to a “buy” rating and set a $2.00 price objective for the company in a report on Monday, March 15th. Finally, Desjardins raised their price objective on shares of Crew Energy from $0.75 to $1.25 and gave the stock a “hold” rating in a report on Tuesday, March 16th.

Shares of Crew Energy stock traded up $0.02 during trading on Thursday, reaching $1.23. 34,362 shares of the stock were exchanged, compared to its average volume of 81,922. The stock’s fifty day moving average is $0.92. Crew Energy has a 1 year low of $0.20 and a 1 year high of $1.27.

Crew Energy Company Profile

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Septimus/West Septimus, Tower, Groundbirch/Monias, Attachie, and Portage assets comprising approximately 438 net sections with condensate, light oil, liquids-rich natural gas, and dry gas reserves located in the Montney area situated to the south and west of Fort St.

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Analyst Recommendations for Crew Energy (OTCMKTS:CWEGF)

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