Crew Energy (OTCMKTS:CWEGF) had its price target lifted by research analysts at Scotiabank from C$3.25 to C$4.25 in a research report issued to clients and investors on Thursday, The Fly reports. The firm presently has a “sector perform” rating on the stock.
CWEGF has been the topic of a number of other research reports. National Bank Financial lifted their price objective on Crew Energy from C$2.00 to C$3.50 and gave the company a “sector perform” rating in a report on Wednesday, September 29th. Stifel Nicolaus boosted their price target on Crew Energy from C$3.25 to C$3.50 and gave the stock a “buy” rating in a research note on Thursday, September 23rd. Desjardins raised Crew Energy from a “hold” rating to a “buy” rating in a research note on Monday, October 4th. BMO Capital Markets raised Crew Energy from a “market perform” rating to an “outperform” rating and set a $3.25 price target on the stock in a research note on Monday, September 27th. Finally, TD Securities raised Crew Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, June 29th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Crew Energy has an average rating of “Buy” and an average price target of $2.96.
Shares of CWEGF traded down $0.17 during midday trading on Thursday, reaching $2.52. 51,575 shares of the stock were exchanged, compared to its average volume of 82,204. The business’s 50-day moving average price is $1.81 and its 200 day moving average price is $1.44. Crew Energy has a twelve month low of $0.30 and a twelve month high of $2.84.
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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