Crew Energy (TSE:CR) PT Raised to C$7.00 at National Bankshares

Crew Energy (TSE:CR) had its price objective hoisted by National Bankshares from C$6.75 to C$7.00 in a research note released on Friday, BayStreet.CA reports.

Other equities analysts have also recently issued research reports about the company. Scotiabank boosted their price target on Crew Energy from C$8.00 to C$10.70 and gave the stock an outperform rating in a report on Tuesday, August 13th. TD Securities reissued a buy rating and issued a C$6.00 target price on shares of Crew Energy in a report on Thursday, August 8th. Desjardins downgraded shares of Crew Energy from a hold rating to a tender rating and raised their price target for the company from C$5.50 to C$7.00 in a research note on Tuesday, August 13th. Cormark cut shares of Crew Energy from a buy rating to a market perform rating and upped their price objective for the stock from C$7.00 to C$8.90 in a research report on Tuesday, August 13th. Finally, Canaccord Genuity Group lowered shares of Crew Energy from a buy rating to a hold rating and raised their target price for the company from C$5.75 to C$6.75 in a research report on Tuesday, August 13th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Crew Energy currently has an average rating of Moderate Buy and a consensus target price of C$7.58.

Crew Energy Stock Up 2.0 %

CR opened at C$7.18 on Friday. The stock has a fifty day moving average of C$6.01 and a 200-day moving average of C$4.99. The company has a market capitalization of C$1.13 billion, a P/E ratio of 16.70, a P/E/G ratio of 0.09 and a beta of 1.56. Crew Energy has a fifty-two week low of C$3.61 and a fifty-two week high of C$7.23. The company has a debt-to-equity ratio of 7.39, a quick ratio of 0.92 and a current ratio of 0.69.

Crew Energy (TSE:CR) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.08 earnings per share (EPS) for the quarter. The business had revenue of C$75.82 million for the quarter. Crew Energy had a return on equity of 5.29% and a net margin of 22.52%. On average, equities analysts expect that Crew Energy will post 0.640492 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.