Crew Energy (TSE:CR – Get Free Report) was upgraded by research analysts at TD Securities from a “hold” rating to a “buy” rating in a report released on Thursday, BayStreet.CA reports. The firm presently has a C$7.00 price objective on the stock. TD Securities’ price target would indicate a potential upside of 27.97% from the stock’s current price.
CR has been the topic of several other reports. Stifel Nicolaus raised their price target on shares of Crew Energy from C$9.25 to C$9.50 in a research note on Monday, October 16th. Raymond James raised their price target on shares of Crew Energy from C$7.50 to C$8.50 in a research note on Friday, September 8th. National Bankshares raised their price target on shares of Crew Energy from C$6.50 to C$7.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 12th. BMO Capital Markets raised their price target on shares of Crew Energy from C$7.00 to C$8.00 in a research note on Thursday, August 10th. Finally, ATB Capital raised their price target on shares of Crew Energy from C$7.50 to C$8.00 in a research note on Friday, October 20th.
Crew Energy Stock Performance
Crew Energy (TSE:CR – Get Free Report) last posted its earnings results on Wednesday, August 9th. The company reported C$0.21 earnings per share for the quarter. Crew Energy had a net margin of 64.72% and a return on equity of 22.21%. The firm had revenue of C$66.62 million during the quarter. As a group, research analysts expect that Crew Energy will post 0.9033333 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, Senior Officer Craig Turchak sold 37,788 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of C$6.04, for a total value of C$228,163.94. Corporate insiders own 7.60% of the company’s stock.
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. Its principal properties include Montney oil and liquids-rich natural gas assets comprising Septimus, West Septimus, Groundbirch, and Tower in northeast British Columbia.
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