Crew Energy (TSE:CR) had its target price trimmed by Royal Bank of Canada from C$1.50 to C$1.00 in a research report released on Thursday, BayStreet.CA reports.
Other research analysts have also issued research reports about the company. National Bank Financial dropped their price objective on Yangarra Resources from C$5.50 to C$5.00 and set an outperform rating on the stock in a report on Tuesday, June 25th. GMP Securities reiterated a buy rating and set a $22.25 target price on shares of SPDR Wells Fargo Preferred Stock ETF in a research report on Friday, June 28th. CIBC decreased their target price on Crew Energy from C$1.50 to C$1.00 in a research report on Tuesday, July 9th. Canaccord Genuity reiterated a buy rating and set a $7.50 target price on shares of in a research report on Tuesday, July 9th. Finally, Raymond James set a $60.00 target price on Banner and gave the stock a buy rating in a research report on Friday, May 3rd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Crew Energy currently has a consensus rating of Hold and an average target price of C$1.58.
Shares of CR stock opened at C$0.81 on Thursday. The business’s fifty day simple moving average is C$0.84. Crew Energy has a 1-year low of C$0.71 and a 1-year high of C$2.55. The firm has a market capitalization of $121.95 million and a price-to-earnings ratio of 9.00. The company has a debt-to-equity ratio of 37.34, a current ratio of 0.57 and a quick ratio of 0.57.
Crew Energy (TSE:CR) last announced its quarterly earnings data on Thursday, May 2nd. The company reported C$0.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$0.03 by C$0.01. The business had revenue of C$55.45 million for the quarter, compared to analyst estimates of C$57.20 million. On average, equities research analysts anticipate that Crew Energy will post 0.05 earnings per share for the current year.
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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