Today, Crew Energy Inc. (CR) Given Average Rating of “Buy” by Brokerages

Today, Crew Energy Inc. (CR) Given Average Rating of “Buy” by Brokerages

Crew Energy Inc. (TSE:CR) has received an average rating of “Buy” from the fifteen research firms that are covering the firm. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$7.25.

Several analysts have commented on CR shares. Scotiabank increased their price target on shares of Crew Energy from C$7.50 to C$8.00 and gave the company an “outperform” rating in a research report on Tuesday, September 6th. National Bank Financial upped their price objective on shares of Crew Energy from C$7.50 to C$8.50 and gave the company an “outperform” rating in a report on Wednesday, August 31st. Desjardins set a C$7.25 price objective on shares of Crew Energy and gave the company a “buy” rating in a report on Friday, August 19th. FirstEnergy Corp. upped their price objective on shares of Crew Energy from C$6.75 to C$7.50 and gave the company an “outperform” rating in a report on Tuesday, August 9th. Finally, TD Securities restated a “buy” rating and set a C$9.00 price objective on shares of Crew Energy in a report on Monday, November 7th.

Shares of Crew Energy (TSE:CR) traded down 2.80% during trading on Friday, reaching $7.28. 278,734 shares of the company’s stock traded hands. The company has a 50 day moving average price of $7.04 and a 200-day moving average price of $6.22. Crew Energy has a one year low of $2.65 and a one year high of $7.83. The stock’s market cap is $1.05 billion.

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