Crew Energy (CR) Got Some Good News

In a new note to investors yesterday, an analyst has provided a rating update for the Materials sector company, Crew Energy (TSX: CR). Analyst Mike Murphy from BMO Capital rated Crew Energy (TSX: CR) a Buy, setting a C$3.25 price target.

Currently, the analyst consensus on Crew Energy is a Moderate Buy with an average price target of C$3.17.

Crew Energy’s market cap is currently C$277.6M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.32.

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$1.87, close to its 52-week low of C$1.37.

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