Crew Energy Inc (CR) Earns “Outperform” Rating from Scotiabank

Scotiabank reiterated their outperform rating on shares of Crew Energy Inc (TSE:CR) in a report issued on Wednesday morning. They currently have a C$9.00 price objective on the stock.

A number of other equities research analysts also recently weighed in on CR. Raymond James Financial, Inc. reaffirmed a strong-buy rating and set a C$10.75 price objective on shares of Crew Energy in a research report on Friday, March 3rd. BMO Capital Markets raised their price objective on Crew Energy from C$7.50 to C$8.50 in a research report on Wednesday, December 21st. TD Securities reaffirmed a buy rating and set a C$9.00 price objective on shares of Crew Energy in a research report on Friday, March 3rd. GMP Securities dropped their price objective on Crew Energy from C$10.75 to C$10.25 in a research report on Friday, January 6th. Finally, Royal Bank of Canada raised their price objective on Crew Energy from C$8.00 to C$9.00 in a research report on Thursday, December 15th. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Crew Energy currently has a consensus rating of Buy and a consensus target price of C$8.65.

Analyst Recommendations for Crew Energy (TSE:CR)

Shares of Crew Energy (TSE:CR) opened at 4.67 on Wednesday. Crew Energy has a 1-year low of $3.46 and a 1-year high of $8.10. The company’s market capitalization is $685.65 million. The firm’s 50 day moving average price is $5.43 and its 200-day moving average price is $6.54.

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Crew Energy Company Profile

Crew Energy Inc is an oil and gas exploration, development and production company. The Company conducts its operations in the Western Canadian Sedimentary basin, primarily in the provinces of Alberta, British Columbia and Saskatchewan. Its activities are primarily focused in the vast Montney resource situated in northeast British Columbia.

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