Crew Energy (TSE:CR) Price Target Raised to C$7.00 at National Bankshares

Crew Energy (TSE:CR) had its target price hoisted by equities research analysts at National Bankshares from C$6.75 to C$7.00 in a research note issued on Friday, BayStreet.CA reports. National Bankshares’ price target indicates a potential downside of 0.57% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Scotiabank upped their price target on Crew Energy from C$8.00 to C$10.70 and gave the stock an “outperform” rating in a report on Tuesday, August 13th. BMO Capital Markets lifted their target price on shares of Crew Energy from C$5.25 to C$6.75 and gave the company a “market perform” rating in a research report on Tuesday, August 13th. TD Securities reissued a “buy” rating and set a C$6.00 target price on shares of Crew Energy in a research note on Thursday, August 8th. Canaccord Genuity Group lowered shares of Crew Energy from a “buy” rating to a “hold” rating and raised their price target for the company from C$5.75 to C$6.75 in a research note on Tuesday, August 13th. Finally, Cormark cut Crew Energy from a “buy” rating to a “market perform” rating and increased their target price for the company from C$7.00 to C$8.90 in a report on Tuesday, August 13th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$7.58.

Crew Energy Stock Performance

TSE CR opened at C$7.04 on Friday. The firm has a market capitalization of C$1.11 billion, a P/E ratio of 16.37, a PEG ratio of 0.09 and a beta of 1.56. Crew Energy has a fifty-two week low of C$3.61 and a fifty-two week high of C$7.23. The stock has a 50-day simple moving average of C$6.01 and a two-hundred day simple moving average of C$4.98. The company has a debt-to-equity ratio of 7.39, a quick ratio of 0.92 and a current ratio of 0.69.

Crew Energy (TSE:CR) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.08 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%. On average, equities analysts forecast that Crew Energy will post 0.640492 earnings per share for the current 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.