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

Crew Energy Inc. (TSE:CR) has received a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$7.58.

Several research firms have issued reports on CR. Cormark lowered Crew Energy from a “buy” rating to a “market perform” rating and boosted their price target for the company from C$7.00 to C$8.90 in a report on Tuesday, August 13th. TD Securities reissued a “buy” rating and issued a C$6.00 target price on shares of Crew Energy in a report on Thursday, August 8th. Canaccord Genuity Group cut shares of Crew Energy from a “buy” rating to a “hold” rating and raised their target price for the stock from C$5.75 to C$6.75 in a research note on Tuesday, August 13th. Royal Bank of Canada upped their price target on shares of Crew Energy from C$6.00 to C$6.75 and gave the stock a “sector perform” rating in a research report on Tuesday, August 13th. Finally, National Bankshares increased their price objective on shares of Crew Energy from C$6.75 to C$7.00 in a research note on Friday, September 27th.

Crew Energy Stock Performance

Shares of CR stock opened at C$7.24 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.69 and a debt-to-equity ratio of 7.39. The company has a 50 day moving average price of C$6.07 and a 200-day moving average price of C$5.01. Crew Energy has a 52 week low of C$3.61 and a 52 week high of C$7.29. The firm has a market capitalization of C$1.14 billion, a PE ratio of 16.88, a P/E/G ratio of 0.09 and a beta of 1.56.

Crew Energy (TSE:CR) last announced its earnings results on Wednesday, August 7th. The company reported C$0.08 earnings per share (EPS) for the quarter. The business had revenue of C$75.82 million for the quarter. Crew Energy had a return on equity of 5.29% and a net margin of 22.52%. As a group, equities research analysts expect that Crew Energy will post 0.640492 earnings per share for the current year.

Crew Energy Company Profile

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.