Crew Energy (OTCMKTS:CWEGF) Upgraded at Scotiabank

Crew Energy (OTCMKTS:CWEGFGet Rating) was upgraded by stock analysts at Scotiabank from a “sector perform” rating to a “sector outperform” rating in a research report issued on Monday, The Fly reports. The firm currently has a $9.00 price objective on the stock, up from their prior price objective of $8.00. Scotiabank’s price objective would suggest a potential upside of 104.55% from the stock’s previous close.

Several other research firms have also weighed in on CWEGF. Desjardins lifted their price objective on Crew Energy from C$8.00 to C$8.50 in a research report on Friday, August 19th. Royal Bank of Canada boosted their price objective on Crew Energy from C$6.50 to C$7.50 in a report on Friday, August 19th. Raymond James boosted their price target on shares of Crew Energy from C$8.00 to C$9.00 in a report on Friday, August 19th. National Bank Financial raised their target price on Crew Energy from C$6.75 to C$7.50 in a research report on Friday, August 19th. Finally, Stifel Nicolaus boosted their target price on Crew Energy from C$8.00 to C$10.00 in a research note on Friday, August 19th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $8.44.

Crew Energy Trading Up 4.3 %

Crew Energy stock opened at $4.40 on Monday. The business’s 50-day moving average price is $4.37 and its two-hundred day moving average price is $4.08. Crew Energy has a 12-month low of $1.58 and a 12-month high of $5.39.

About Crew Energy

(Get Rating)

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. It primarily holds interests in Septimus, West Septimus, Groundbirch/Monias, Tower, and Attachie, areas located in the southwest, south, and west of Fort St.

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