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Crew Energy Inc. (OTCMKTS:CWEGF) Receives Consensus Recommendation of "Moderate Buy" From Analysts

Defense World ·  Sep 21, 2022 02:31

Crew Energy Inc. (OTCMKTS:CWEGF – Get Rating) has received an average recommendation of "Buy" from the eight research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a buy rating. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $8.44.

Several equities research analysts recently weighed in on the company. Desjardins boosted their target price on Crew Energy from C$8.00 to C$8.50 in a report on Friday, August 19th. Scotiabank raised Crew Energy from a "sector perform" rating to a "sector outperform" rating and lifted their price target for the stock from $8.00 to $9.00 in a research report on Monday. Royal Bank of Canada lifted their price target on Crew Energy from C$6.50 to C$7.50 in a research report on Friday, August 19th. TD Securities lifted their price target on Crew Energy from C$7.50 to C$8.00 in a research report on Monday, August 22nd. Finally, National Bank Financial lifted their price target on Crew Energy from C$6.75 to C$7.50 in a research report on Friday, August 19th.

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Crew Energy Stock Performance

CWEGF opened at $4.31 on Wednesday. The business has a 50 day moving average price of $4.39 and a 200 day moving average price of $4.08. Crew Energy has a twelve month low of $1.58 and a twelve month high of $5.39.

Crew Energy Company Profile

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Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. It primarily holds interests in Septimus, West Septimus, Groundbirch/Monias, Tower, and Attachie, areas located in the southwest, south, and west of Fort St.

Further Reading

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