Crew Energy (OTCMKTS:CWEGF) Price Target Lowered to C$8.50 at Scotiabank

Crew Energy (OTCMKTS:CWEGF – Get Rating) had its price target cut by Scotiabank from C$10.00 to C$8.50 in a report released on Tuesday, The Fly reports.

A number of other equities analysts have also commented on CWEGF. Stifel Nicolaus initiated coverage on Crew Energy in a report on Thursday, January 12th. They issued a buy rating for the company. TD Securities reduced their price objective on Crew Energy from C$8.50 to C$8.00 in a research note on Friday, December 9th. BMO Capital Markets lifted their price objective on Crew Energy from C$8.00 to C$9.00 in a research report on Friday, November 4th. Finally, National Bank Financial lowered their target price on shares of Crew Energy from C$7.50 to C$6.50 in a report on Wednesday, January 11th.

Crew Energy Price Performance

Shares of Crew Energy stock opened at $3.90 on Tuesday. The business has a 50 day moving average price of $4.29 and a 200-day moving average price of $4.25. Crew Energy has a 52 week low of $2.26 and a 52 week high of $5.39.

Crew Energy Company Profile

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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.