Crew Energy (CR) Price Target Cut to C$3.75 by Analysts at Scotiabank

Crew Energy (TSE:CR) had its price objective dropped by equities research analysts at Scotiabank from C$4.75 to C$3.75 in a research note issued on Friday. The firm currently has an “outperform” rating on the stock. Scotiabank’s price target would indicate a potential upside of 108.33% from the stock’s current price.

Other analysts have also issued research reports about the company. CIBC raised their price target on Crew Energy from C$5.00 to C$5.50 in a research note on Monday, November 6th. CSFB decreased their price objective on Crew Energy from C$5.00 to C$4.75 in a report on Friday, November 3rd. Eight Capital decreased their price objective on Crew Energy from C$6.25 to C$6.00 in a report on Friday, November 3rd. Raymond James Financial decreased their price objective on Crew Energy from C$5.70 to C$5.15 and set an “outperform” rating for the company in a report on Monday. Finally, National Bank Financial decreased their price objective on Crew Energy from C$5.50 to C$4.75 and set an “outperform” rating for the company in a report on Tuesday, January 9th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Crew Energy currently has an average rating of “Buy” and an average price target of C$5.07.

Shares of Crew Energy (TSE CR) traded down C$0.10 during mid-day trading on Friday, reaching C$1.80. The company had a trading volume of 582,158 shares, compared to its average volume of 1,087,287. Crew Energy has a 12 month low of C$1.78 and a 12 month high of C$6.13. The stock has a market capitalization of $283.71, a price-to-earnings ratio of -29.67 and a beta of 0.72.

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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.

Analyst Recommendations for Crew Energy (TSE:CR)

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