Crew Energy (TSE:CR) PT Lowered to C$7.00 at Cormark

Crew Energy (TSE:CR) had its price target trimmed by Cormark from C$8.50 to C$7.00 in a research note published on Thursday, BayStreet.CA reports.

Separately, TD Securities reaffirmed a buy rating and issued a C$6.00 price objective on shares of Crew Energy in a research note on Thursday. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Crew Energy has a consensus rating of Buy and an average target price of C$6.78.

Crew Energy Stock Down 2.3 %

CR opened at C$3.90 on Thursday. The firm’s 50 day simple moving average is C$4.17 and its two-hundred day simple moving average is C$4.35. The company has a market capitalization of C$613.28 million, a PE ratio of 9.07, a PEG ratio of 0.09 and a beta of 1.56. Crew Energy has a 1-year low of C$3.61 and a 1-year high of C$6.61. The company has a current ratio of 0.52, a quick ratio of 0.92 and a debt-to-equity ratio of 8.07.

Crew Energy (TSE:CR) last announced its earnings results on Thursday, May 9th. The company reported C$0.07 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.04). The company had revenue of C$84.44 million during the quarter. Crew Energy had a return on equity of 6.99% and a net margin of 30.10%. As a group, equities analysts forecast that Crew Energy will post 0.3497758 EPS for the current year.

Crew Energy Company Profile

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. The company's principal properties include Montney oil and liquids-rich natural gas assets comprising Septimus, West Septimus, Groundbirch, and Monias and Tower located in the northeast British Columbia.