Raymond James set a C$0.75 price target on Crew Energy (TSE:CR) in a research note issued to investors on Tuesday, BayStreet.CA reports. The brokerage currently has a market perform rating on the stock.

A number of other brokerages have also recently issued reports on CR. Laurentian Bank of Canada set a C$0.90 target price on shares of Crew Energy in a report on Friday, January 17th. Laurentian set a C$0.90 target price on shares of Crew Energy in a report on Friday, January 17th. National Bank Financial lowered their price target on shares of Crew Energy from C$1.00 to C$0.50 and set a sector perform rating on the stock in a report on Friday, January 31st. Canaccord Genuity lowered their price target on shares of Crew Energy from C$1.25 to C$1.00 in a report on Tuesday, January 14th. Finally, Scotiabank lowered their price target on shares of Crew Energy from C$1.00 to C$0.75 in a report on Tuesday, January 14th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Crew Energy presently has a consensus rating of Hold and a consensus price target of C$0.90.

Shares of CR stock opened at C$0.40 on Tuesday. The company has a debt-to-equity ratio of 38.75, a quick ratio of 0.87 and a current ratio of 1.09. The firm’s 50-day moving average is C$0.49 and its 200-day moving average is C$0.55. The stock has a market cap of $62.87 million and a price-to-earnings ratio of 1.67. Crew Energy has a 52-week low of C$0.40 and a 52-week high of C$1.36.

In related news, Director John Albert Brussa purchased 77,000 shares of the stock in a transaction on Wednesday, January 22nd. The shares were purchased at an average cost of C$0.49 per share, with a total value of C$37,730.00. Following the acquisition, the director now directly owns 849,868 shares in the company, valued at C$416,435.32. Over the last three months, insiders acquired 270,000 shares of company stock worth $130,230.

About Crew Energy

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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