Canaccord Genuity Thinks Crew Energy’s Stock is Going to Recover

By Austin Angelo

Wall Street analyst has provided a review for the Materials company yesterday, but retained the same rating on the stock. Analyst Martin Roberge from Canaccord Genuity reiterated a Buy rating on Crew Energy (TSX: CR), with a C$8 price target.

According to TipRanks.com, Roberge is ranked #995 out of 4567 analysts.

Crew Energy has an analyst consensus of Strong Buy, with a price target consensus of C$7.44.

Crew Energy’s market cap is currently C$601.7M and has a P/E ratio of 0.

Crew Energy, Inc. engages in the business of exploring, developing, producing and acquiring crude oil and natural gas in western Canada. Its activities are primarily focused in the vast 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 last Thursday at $4.09, close to its 52-week low of $3.80.