Analysts Set Crew Energy Inc. (TSE:CR) PT at C$7.03

Crew Energy Inc. (TSE:CR) has been given an average rating of “Buy” by the six research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$6.69.

Several research analysts recently commented on CR shares. BMO Capital Markets set a C$5.25 price target on shares of Crew Energy and gave the company a “market perform” rating in a report on Tuesday, April 9th. Raymond James cut their price target on shares of Crew Energy from C$8.50 to C$7.50 and set an “outperform” rating on the stock in a report on Friday, January 19th. Desjardins cut their price target on shares of Crew Energy from C$6.50 to C$6.25 and set a “buy” rating on the stock in a report on Friday, March 22nd. TD Securities cut their price target on shares of Crew Energy from C$6.50 to C$5.50 and set a “buy” rating on the stock in a report on Friday, February 9th. Finally, ATB Capital lowered their price objective on shares of Crew Energy from C$7.25 to C$6.50 and set a “strong-buy” rating for the company in a research report on Wednesday, March 20th.

Insider Buying and Selling at Crew Energy

In other Crew Energy news, Director Gail Hannon sold 7,019 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of C$4.44, for a total value of C$31,136.28. 7.35% of the stock is owned by corporate insiders.

Crew Energy Trading Down 3.8 %

Shares of CR stock opened at C$4.58 on Tuesday. The firm has a market cap of C$715.53 million, a P/E ratio of 6.19, a PEG ratio of 0.09 and a beta of 1.65. Crew Energy has a 1-year low of C$3.73 and a 1-year high of C$6.61. The company has a debt-to-equity ratio of 5.83, a current ratio of 0.74 and a quick ratio of 0.92. The firm’s 50-day simple moving average is C$4.47 and its 200-day simple moving average is C$4.86.

Crew Energy (TSE:CR) last posted its quarterly earnings results on Thursday, March 7th. The company reported C$0.24 EPS for the quarter. Crew Energy had a net margin of 38.98% and a return on equity of 9.61%. The firm had revenue of C$90.14 million for the quarter. As a group, equities analysts forecast that Crew Energy will post 0.5334064 EPS for the current year.

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.