Crew Energy (CR) Lifted to “Buy” at Eight Capital

Eight Capital upgraded shares of Crew Energy (TSE:CR) from a neutral rating to a buy rating in a research note issued to investors on Tuesday morning.

Other research analysts have also issued reports about the company. Canaccord Genuity reduced their price target on Crew Energy from C$4.00 to C$3.50 in a research report on Tuesday, October 16th. BMO Capital Markets reduced their price target on Crew Energy from C$3.25 to C$3.00 in a research report on Tuesday, October 9th. Cormark reduced their price target on Crew Energy from C$3.75 to C$3.50 in a research report on Tuesday, October 9th. National Bank Financial reduced their price target on Crew Energy from C$3.30 to C$3.00 in a research report on Friday, October 5th. Finally, Raymond James reduced their price target on Crew Energy from C$3.40 to C$3.15 in a research report on Friday, October 5th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of C$3.02.

TSE CR opened at C$1.31 on Tuesday. Crew Energy has a 52 week low of C$1.18 and a 52 week high of C$4.39. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 40.09.

About Crew Energy

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.

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Analyst Recommendations for Crew Energy (TSE:CR)

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