Crew Energy Inc. (TSE:CR) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Crew Energy Inc. (TSE:CR) have been given a consensus rating of “Moderate Buy” by the eight ratings firms that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$7.39.

Several equities analysts have weighed in on CR shares. Canaccord Genuity Group cut Crew Energy from a “buy” rating to a “hold” rating and raised their price target for the company from C$5.75 to C$6.75 in a report on Tuesday, August 13th. Scotiabank upped their price target on shares of Crew Energy from C$8.00 to C$10.70 and gave the company an “outperform” rating in a research note on Tuesday, August 13th. BMO Capital Markets lifted their price objective on shares of Crew Energy from C$5.25 to C$6.75 and gave the stock a “market perform” rating in a research note on Tuesday, August 13th. Royal Bank of Canada upped their target price on shares of Crew Energy from C$6.00 to C$6.75 and gave the company a “sector perform” rating in a research report on Tuesday, August 13th. Finally, Desjardins lowered Crew Energy from a “hold” rating to a “tender” rating and lifted their price target for the stock from C$5.50 to C$7.00 in a research report on Tuesday, August 13th.

Crew Energy Price Performance

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 has a one year low of C$3.61 and a one year high of C$7.50. The stock has a fifty day simple moving average of C$6.82 and a 200-day simple moving average of C$5.22. The company has a market capitalization of C$1.16 billion, a price-to-earnings ratio of 17.21, a price-to-earnings-growth ratio of 0.09 and a beta of 1.55.

About Crew Energy

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.