Brokerages Set Crew Energy Inc. (OTCMKTS:CWEGF) Price Target at $2.23

Crew Energy Inc. (OTCMKTS:CWEGF) has earned an average rating of “Buy” from the eight research firms that are currently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $2.23.

Several equities research analysts have recently commented on the stock. Stifel Nicolaus boosted their target price on shares of Crew Energy from C$2.85 to C$3.25 and gave the company a “buy” rating in a research note on Thursday, August 5th. TD Securities raised Crew Energy from a “hold” rating to a “buy” rating in a report on Tuesday, June 29th. Finally, Scotiabank boosted their price objective on Crew Energy from C$1.75 to C$3.25 and gave the company a “sector perform” rating in a research report on Thursday, July 15th.

Shares of Crew Energy stock opened at $1.53 on Friday. The company’s fifty day simple moving average is $1.59 and its 200-day simple moving average is $1.23. Crew Energy has a 1 year low of $0.24 and a 1 year high of $2.18.

About Crew Energy

Crew Energy, Inc engages in the exploration, development and production of crude oil and natural gas in western Canada. Its business activities focus on the Montney resource, situated in northeast British Columbia. The company was founded on May 12, 2003 and is headquartered in Alberta, Canada.

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Analyst Recommendations for Crew Energy (OTCMKTS:CWEGF)

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