Crew Energy (CR) Receives a Hold from TD Securities


Crew Energy (TSX: CR), the Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Juan Jarrah from TD Securities remains neutral on the stock and has a C$2 price target.

According to TipRanks.com, Jarrah is ranked #4796 out of 4878 analysts.

Currently, the analyst consensus on Crew Energy is a Moderate Buy with an average price target of C$3.17, an 87.6% upside from current levels. In a report issued on September 20, RBC Capital also reiterated a Hold rating on the stock with a C$2.50 price target.

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Crew Energy’s market cap is currently C$256.4M 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 Wednesday at C$1.69, close to its 52-week low of C$1.37.

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