Crew Energy (TSE:CR) had its target price trimmed by Canaccord Genuity from C$4.00 to C$3.50 in a research report sent to investors on Tuesday morning.

Several other analysts also recently commented on the stock. BMO Capital Markets cut their price objective on shares of Crew Energy from C$3.25 to C$3.00 in a research report on Tuesday, October 9th. Raymond James increased their price objective on shares of Crew Energy from C$3.20 to C$3.40 in a research report on Thursday, August 2nd. Cormark cut their price objective on shares of Crew Energy from C$3.75 to C$3.50 in a research report on Tuesday, October 9th. Finally, National Bank Financial cut their price objective on shares of Crew Energy from C$3.30 to C$3.00 in a research report on Friday, October 5th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of C$3.30.

TSE:CR opened at C$1.43 on Tuesday. Crew Energy has a 1-year low of C$1.37 and a 1-year high of C$4.61.

Crew Energy (TSE:CR) last released its earnings results on Wednesday, August 1st. The company reported C($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.02 by C($0.08). The business had revenue of C$54.04 million during the quarter, compared to analysts’ expectations of C$51.20 million. Crew Energy had a return on equity of 0.99% and a net margin of 4.31%.

Crew Energy Company Profile

Crew Energy Inc engages in the exploration, development, and production of crude oil and natural gas in Canada. The company primarily holds interests in assets located in the Montney area, which includes the Septimus/West Septimus, Tower, Groundbirch, Attachie, and Portage assets with 445 net sections with condensate, light oil, liquids-rich natural gas, and dry gas situated south and west of Fort St.

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Analyst Recommendations for Crew Energy (TSE:CR)

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