Crew Energy Inc (TSE:CR) Has Just Had Its PT Diminished by Analysts at National Bank Financial to $5.50

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Analysis: Crew Energy Inc (TSE:CR) Target Upped Today

In a very recent research note announced by National Bank Financial on Thursday, 3 December, the firm, Crew Energy Inc (TSE:CR), had their price target downgraded to $5.50. Analusts right now have a solid “Sector Perform” rating on the stock.

From a total of 16 analysts covering Crew Energy Inc. (TSE:CR) stock, 13 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 81% of the ratings are positive. The highest target price is $6.74 while the lowest target price is $3.93. The mean of all analyst targets is $5.12 with a 62.84% above today’s ($4.36) stock price. Crew Energy Inc. was the topic of 7 analyst reports since August 24, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets upgraded shares on December 2 to “Sector Outperform” rating. Canaccord Genuity initiated CR stock in a recent report from August 24 with “Buy” rating.

Approximately 652,590 shares of stock traded hands or 12.05% up from the average. Crew Energy Inc (TSE:CR) has declined 18.32% since April 30, 2015 and is downtrending. It has underperformed by 18.03% the S&P500.

Crew Energy Inc (TSE:CR) Has Just Had Its PT Diminished by Analysts at National Bank Financial to $5.50

Crew Energy Inc. is an oil and gas exploration, development and production company. The company has a market cap of $615.00 million. The Firm conducts its activities in the Western Canadian Sedimentary basin, primarily in the provinces of Alberta, British Columbia and Saskatchewan. It currently has negative earnings. Crew Oil and Gas Inc. is a wholly owned subsidiary of the Company and has three partnerships, including Crew Energy Partnership, Crew Heavy Oil Partnership and Crew Conventional Partnership.

According to Zacks Investment Research, “Crane Co. is a diversified manufacturer of highly engineered industrial products. Crane provides products and solutions to customers in the aerospace, electronics, hydrocarbon processing, petrochemical, chemical, power generation, automated merchandising, transportation and other markets. The Company has five business segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, Merchandising Systems, and Controls.” Get a free copy of the Zacks research report on Crew Energy Inc (CR).

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