Crew Energy (CR), the Materials sector company, has received a rating update from a Wall Street analyst today. AltaCorp Captial’s analyst Patrick O’rourke reiterates their Buy rating on the shares, with a C$2.50 price target.
According to TipRanks.com, O’rourke has 0 stars on 0-5 star ranking scale with an average return of -6.5% and a 31.7% success rate. O’rourke covers the Basic Materials sector, focusing on stocks such as Tamarack Valley Energy Ltd, Paramount Resources Ltd, and Kelt Exploration Ltd.
Currently, the analyst consensus on Crew Energy is a Moderate Buy with an average price target of C$2.16, which is a 140.0% upside from current levels. In a report released today, TD Securities also upgraded the stock to Buy with a C$1.90 price target.
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The company has a one-year high of C$2.97 and a one-year low of C$0.75. Currently, Crew Energy has an average volume of 879.9K.
Crew Energy, Inc. engages in the business of exploring, developing, producing and acquiring crude oil and natural gas in western Canada. It has access to diversified markets with operated infrastructure and increasing liquids production. The firm primarily focused in the Montney resource situated in northeast British Columbia.
The company’s shares closed on Monday at C$0.90, close to its 52-week low of C$0.75.
