Crew Energy Inc. (TSE:CR) Receives C$6.69 Consensus Target Price from Analysts

Shares of Crew Energy Inc. (TSE:CR) have earned an average recommendation of “Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$6.69.

A number of analysts have issued reports on CR shares. ATB Capital reduced their price objective on Crew Energy from C$7.25 to C$6.50 and set a “strong-buy” rating on the stock in a research note on Wednesday, March 20th. Raymond James dropped their price objective on Crew Energy from C$8.50 to C$7.50 and set an “outperform” rating for the company in a report on Friday, January 19th. Desjardins dropped their price objective on Crew Energy from C$6.50 to C$6.25 and set a “buy” rating for the company in a report on Friday, March 22nd. TD Securities decreased their target price on Crew Energy from C$6.50 to C$5.50 and set a “buy” rating for the company in a research report on Friday, February 9th. Finally, BMO Capital Markets set a C$5.25 target price on Crew Energy and gave the company a “market perform” rating in a research report on Tuesday, April 9th.

Insider Transactions at Crew Energy

In related news, Director Karen Nielsen sold 18,649 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of C$4.55, for a total transaction of C$84,797.00. In related news, Director Karen Nielsen sold 18,649 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of C$4.55, for a total transaction of C$84,797.00. Also, Director Gail Hannon sold 7,019 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of C$4.44, for a total value of C$31,136.28. In the last three months, insiders sold 30,916 shares of company stock valued at $140,735. Corporate insiders own 7.35% of the company’s stock.

Crew Energy Stock Performance

TSE:CR opened at C$4.58 on Friday. The company has a debt-to-equity ratio of 5.83, a current ratio of 0.74 and a quick ratio of 0.92. Crew Energy has a 1 year low of C$3.73 and a 1 year high of C$6.61. The stock’s 50 day simple moving average is C$4.58 and its two-hundred day simple moving average is C$4.70. The company has a market cap of C$715.53 million, a price-to-earnings ratio of 6.19, a PEG ratio of 0.09 and a beta of 1.65.

Crew Energy (TSE:CR) last released its quarterly earnings data on Thursday, March 7th. The company reported C$0.24 earnings per share (EPS) for the quarter. Crew Energy had a return on equity of 9.61% and a net margin of 38.98%. The business had revenue of C$90.14 million for the quarter. As a group, equities analysts anticipate that Crew Energy will post 0.5334064 earnings per share for the current fiscal year.

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.