Crew Energy (TSE:CR) had its price objective trimmed by TD Securities from C$1.15 to C$1.10 in a research report released on Friday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Several other analysts have also recently issued reports on CR. Raymond James cut Crew Energy from an outperform rating to a market perform rating and decreased their price objective for the stock from C$2.20 to C$1.75 in a report on Friday, May 3rd. Royal Bank of Canada decreased their price objective on Crew Energy from C$1.50 to C$1.00 in a report on Thursday, July 18th. CIBC decreased their price objective on Crew Energy from C$1.50 to C$1.00 in a report on Tuesday, July 9th. Laurentian decreased their price objective on Crew Energy from C$2.00 to C$1.60 in a report on Wednesday, July 24th. Finally, National Bank Financial cut Crew Energy from an outperform rating to a sector perform rating and decreased their price objective for the stock from C$2.00 to C$1.20 in a report on Tuesday, June 25th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Crew Energy has an average rating of Hold and an average target price of C$1.48.
Shares of CR opened at C$0.72 on Friday. The stock has a market cap of $103.88 million and a PE ratio of 2.70. Crew Energy has a 1 year low of C$0.69 and a 1 year high of C$2.20. The business’s 50 day moving average price is C$0.79. The company has a quick ratio of 0.73, a current ratio of 0.89 and a debt-to-equity ratio of 37.55.
Crew Energy Inc engages in the exploration, development, and production of crude oil and natural gas in Canada. The company primarily holds interests in assets located in the Montney area, which includes the Septimus/West Septimus, Tower, Groundbirch, Attachie, and Portage assets with 445 net sections with condensate, light oil, liquids-rich natural gas, and dry gas situated south and west of Fort St.
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