Analysts Set Crew Energy Inc. (OTCMKTS:CWEGF) Price Target at $7.15

Crew Energy Inc. (OTCMKTS:CWEGF – Get Rating) has earned an average rating of “Buy” from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a buy recommendation. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $7.15.

Several equities analysts have commented on CWEGF shares. BMO Capital Markets raised their target price on shares of Crew Energy from C$7.00 to C$8.00 in a report on Friday, May 6th. National Bank Financial raised their price target on shares of Crew Energy from C$5.75 to C$6.00 in a research note on Friday, May 6th. Raymond James raised their price target on shares of Crew Energy from C$5.00 to C$6.00 in a research note on Wednesday, March 9th. Scotiabank raised their price target on shares of Crew Energy from C$6.50 to C$7.00 in a research note on Friday, May 6th. Finally, Stifel Nicolaus lifted their target price on shares of Crew Energy from C$7.50 to C$8.75 in a research report on Monday, May 9th.

CWEGF stock opened at $4.12 on Thursday. Crew Energy has a 12 month low of $0.90 and a 12 month high of $4.88. The company’s 50-day moving average price is $3.82 and its two-hundred day moving average price is $3.00.

About Crew Energy (Get Rating)

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.

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