BMO Capital Reiterates Their Buy Rating on Crew Energy (CR)

Crew Energy (TSX: CR), the Materials sector company, was revisited by a Wall Street analyst on October 8. Analyst Randy Ollenberger from BMO Capital remains bullish on the stock and has a C$3 price target.

According to, Ollenberger is a 3-star analyst with an average return of 1.1% and a 50.4% success rate. Ollenberger covers the Basic Materials sector, focusing on stocks such as Birchcliff Energy Ltd, Imperial Oil Limited, and Encana Corp.

Currently, the analyst consensus on Crew Energy is a Moderate Buy with an average price target of C$2.94, which is a 78.2% upside from current levels. In a report issued on October 5, Raymond James also maintained a Buy rating on the stock with a C$3.15 price target.


Crew Energy’s market cap is currently C$253.4M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.29.

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 Thursday at C$1.65, close to its 52-week low of C$1.37.

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