Raymond James Analysts Give Crew Energy (TSE:CR) a C$6.50 Price Target

Raymond James set a C$6.50 target price on Crew Energy (TSE:CRGet Rating) in a research note released on Friday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other equities analysts have also commented on CR. National Bankshares cut their price objective on shares of Crew Energy from C$5.75 to C$5.00 in a report on Thursday, April 14th. Cormark boosted their price objective on shares of Crew Energy from C$7.50 to C$8.50 and gave the stock a buy rating in a report on Friday. Scotiabank upped their target price on shares of Crew Energy from C$6.50 to C$7.00 in a research note on Friday. Finally, BMO Capital Markets upped their target price on shares of Crew Energy from C$7.00 to C$8.00 in a research note on Friday. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of Buy and an average target price of C$5.61.

Shares of CR stock opened at C$5.18 on Friday. Crew Energy has a 12 month low of C$1.02 and a 12 month high of C$6.22. The company has a debt-to-equity ratio of 40.87, a current ratio of 0.45 and a quick ratio of 0.45. The firm has a market capitalization of C$789.85 million and a P/E ratio of 4.08. The company’s fifty day moving average price is C$4.58 and its two-hundred day moving average price is C$3.65.

Crew Energy (TSE:CRGet Rating) last issued its quarterly earnings data on Tuesday, March 8th. The company reported C$0.31 EPS for the quarter, topping analysts’ consensus estimates of C$0.10 by C$0.21. The firm had revenue of C$103.15 million during the quarter. On average, sell-side analysts anticipate that Crew Energy will post 0.73 EPS for the current year.

In related news, Senior Officer James A. Taylor sold 65,916 shares of the business’s stock in a transaction dated Friday, April 8th. The shares were sold at an average price of C$5.23, for a total transaction of C$344,411.10. Following the completion of the sale, the insider now owns 627,634 shares of the company’s stock, valued at approximately C$3,279,387.65. Also, Director Karen Nielsen sold 18,640 shares of the business’s stock in a transaction dated Monday, April 18th. The shares were sold at an average price of C$5.54, for a total transaction of C$103,265.60. Following the sale, the director now directly owns 198,259 shares of the company’s stock, valued at approximately C$1,098,354.86. In the last 90 days, insiders sold 152,225 shares of company stock worth $801,247.

About Crew Energy (Get Rating)

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. It primarily holds interests in Septimus, West Septimus, Groundbirch/Monias, Tower, and Attachie, areas located in the southwest, south, and west of Fort St.

Further Reading

Analyst Recommendations for Crew Energy (TSE:CR)

Receive News & Ratings for Crew Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crew Energy and related companies with MarketBeat.com's FREE daily email newsletter.