Crew Energy (TSE:CR) PT Lowered to C$8.00

Crew Energy (TSE:CR – Get Rating) had its price target dropped by analysts at Canaccord Genuity Group from C$9.00 to C$8.00 in a research report issued on Thursday, BayStreet.CA reports. Canaccord Genuity Group’s price target suggests a potential upside of 55.04% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Raymond James decreased their price target on shares of Crew Energy from C$9.00 to C$7.00 and set an “outperform” rating for the company in a research note on Monday, January 16th. TD Securities decreased their price target on shares of Crew Energy from C$8.50 to C$8.00 and set a “buy” rating for the company in a research note on Friday, December 9th. Scotiabank decreased their price target on shares of Crew Energy from C$10.00 to C$8.50 in a research note on Tuesday, January 17th. Finally, Stifel Nicolaus decreased their price target on shares of Crew Energy from C$8.00 to C$7.50 in a research note on Monday, February 13th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$8.20.

Crew Energy Price Performance

CR stock opened at C$5.16 on Thursday. The firm has a market cap of C$808.47 million, a price-to-earnings ratio of 3.44, a PEG ratio of 0.09 and a beta of 2.16. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 15.61. Crew Energy has a 12-month low of C$3.22 and a 12-month high of C$6.99. The company’s fifty day simple moving average is C$4.74 and its 200 day simple moving average is C$5.52.

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.