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

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

Scotiabank reaffirmed their outperform rating on shares of Crew Energy Inc (TSE:CR) in a research report report published on Wednesday morning. Scotiabank currently has a C$9.00 target price on the stock.

A number of other equities analysts have also weighed in on CR. GMP Securities decreased their target price on Crew Energy from C$10.75 to C$10.25 in a research report on Friday, January 6th. TD Securities decreased their target price on Crew Energy from C$9.50 to C$9.00 in a research report on Friday, January 6th. BMO Capital Markets boosted their target price on Crew Energy from C$7.50 to C$8.50 in a research report on Wednesday, December 21st. Desjardins boosted their target price on Crew Energy from C$7.75 to C$9.00 in a research report on Wednesday, December 21st. Finally, Royal Bank of Canada boosted their target price 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 given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of Buy and an average price target of C$8.65.

Crew Energy (TSE:CR) opened at 4.67 on Wednesday. The firm’s 50-day moving average is $5.43 and its 200-day moving average is $6.54. Crew Energy has a 12 month low of $3.46 and a 12 month high of $8.10. The company’s market cap is $685.65 million.

About Crew Energy

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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