BMO Capital Markets Raises Crew Energy (TSE:CR) Price Target to C$6.75

Crew Energy (TSE:CR) had its target price boosted by BMO Capital Markets from C$5.25 to C$6.75 in a research report released on Tuesday, BayStreet.CA reports. BMO Capital Markets currently has a market perform rating on the stock.

Several other equities research analysts have also commented on CR. TD Securities restated a buy rating and set a C$6.00 target price on shares of Crew Energy in a research report on Thursday, August 8th. Cormark lowered shares of Crew Energy from a buy rating to a market perform rating and boosted their price objective for the stock from C$7.00 to C$8.90 in a research report on Tuesday. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Crew Energy currently has an average rating of Moderate Buy and a consensus price target of C$7.55.

Crew Energy Price Performance

Shares of TSE CR opened at C$7.17 on Tuesday. The firm has a market capitalization of C$1.13 billion, a P/E ratio of 16.72, a PEG ratio of 0.09 and a beta of 1.56. Crew Energy has a one year low of C$3.61 and a one year high of C$7.21. The company’s fifty day moving average is C$4.33 and its two-hundred day moving average is C$4.40. The company has a debt-to-equity ratio of 8.07, a quick ratio of 0.92 and a current ratio of 0.52.

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.