In a latest note to investors, a research analyst has provided a rating update for the Crew Energy (CR). On March 7, analyst Robert Fitzmartyn gave a Buy rating to CR and set a C$1.75 price target.
According to TipRanks.com, Fitzmartyn is ranked 0 out of 5 stars with an average return of -20.4% and a 19.4% success rate. Fitzmartyn covers the Basic Materials sector, focusing on stocks such as Kelt Exploration Ltd, Chinook Energy Inc, and Crew Energy Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Crew Energy with a C$1.86 average price target, which is an 82.4% upside from current levels. In a report issued on March 5, Eight Capital also upgraded the stock to Buy with a C$1.75 price target.
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The company has a one-year high of C$2.77 and a one-year low of C$0.75. Currently, Crew Energy has an average volume of 719.2K.
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 Monday at C$1.02, close to its 52-week low of C$0.75.
