GMP FirstEnergy Thinks Crew Energy’s Stock is Going to Recover


In a latest note to investors, a research analyst has provided a rating update for the Crew Energy (CR). Analyst Robert Fitzmartyn from GMP FirstEnergy rated Crew Energy (CR) a Buy today, setting a C$1.65 price target.

According to TipRanks.com, Fitzmartyn is ranked 0 out of 5 stars with an average return of -22.0% and a 16.4% success rate. Fitzmartyn covers the Basic Materials sector, focusing on stocks such as Kelt Exploration Ltd, Chinook Energy Inc, and Gear Energy Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Crew Energy with a C$1.69 average price target.

Crew Energy’s market cap is currently C$147.2M and has a P/E ratio of 14.1. The company has a Price to Book ratio of 0.17.

Crew Energy, Inc. engages in the exploration, development, and production of crude oil and natural gas in western Canada. Its business activities focuses in the Montney resource, situated in northeast British Columbia. The company was founded on May 12, 2003 and is headquartered in Alberta, Canada.

The company’s shares closed on Friday at C$0.98, close to its 52-week low of C$0.75.

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