Crew Energy Inc. (TSE:CR) Given Average Rating of “Buy” by Analysts

Crew Energy Inc. (TSE:CRGet Rating) has been given a consensus rating of “Buy” by the ten analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$5.61.

Several equities analysts have weighed in on the company. Raymond James set a C$6.50 target price on Crew Energy and gave the company an “outperform” rating in a research report on Friday, May 6th. Scotiabank lifted their target price on Crew Energy from C$6.50 to C$7.00 in a research report on Friday, May 6th. BMO Capital Markets lifted their target price on Crew Energy from C$7.00 to C$8.00 in a research report on Friday, May 6th. Cormark lifted their target price on Crew Energy from C$7.50 to C$8.50 and gave the company a “buy” rating in a research report on Friday, May 6th. Finally, National Bankshares lifted their target price on Crew Energy from C$5.75 to C$6.00 and gave the company a “sector perform” rating in a research report on Friday, May 6th.

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

Shares of TSE:CR traded up C$0.10 during midday trading on Friday, reaching C$5.36. 213,746 shares of the company’s stock were exchanged, compared to its average volume of 1,308,000. The firm’s 50 day simple moving average is C$4.81 and its two-hundred day simple moving average is C$3.78. 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 stock has a market cap of C$819.90 million and a price-to-earnings ratio of 4.20. Crew Energy has a fifty-two week low of C$1.10 and a fifty-two week high of C$6.22.

Crew Energy (TSE:CRGet Rating) last issued its quarterly earnings data on Tuesday, March 8th. The company reported C$0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.10 by C$0.21. The business had revenue of C$103.15 million for the quarter. Equities research analysts predict that Crew Energy will post 0.73 earnings per share for the current fiscal year.

Crew Energy Company Profile (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.

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Analyst Recommendations for Crew Energy (TSE:CR)

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