What’s Propelling Crew Energy Inc to Increase So Much?


 What's Propelling Crew Energy Inc to Increase So Much?

The stock of Crew Energy Inc (TSE:CR) is a huge mover today! About 525,779 shares traded hands. Crew Energy Inc (TSE:CR) has risen 66.11% since March 11, 2016 and is uptrending. It has outperformed by 60.62% the S&P500.
The move comes after 6 months positive chart setup for the $998.83 million company. It was reported on Oct, 18 by Barchart.com. We have $10.37 PT which if reached, will make TSE:CR worth $459.46 million more.

Crew Energy Inc (TSE:CR) Ratings Coverage

Out of 6 analysts covering Crew Energy Inc. (TSE:CR), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. $8.75 is the highest target while $4.25 is the lowest. The $6.22 average target is -12.39% below today’s ($7.1) stock price. Crew Energy Inc. has been the topic of 24 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The stock of Crew Energy Inc (TSE:CR) has “Outperform” rating given on Friday, September 11 by Scotia Capital. The rating was maintained by Raymond James on Monday, June 6 with “”. The rating was upgraded by FirstEnergy Capital to “Outperform” on Wednesday, January 6. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, February 12. The firm earned “Sector Outperform” rating on Wednesday, December 2 by RBC Capital Markets. Canaccord Genuity initiated it with “Buy” rating and $7.50 target price in Monday, August 24 report.

Another recent and important Crew Energy Inc (TSE:CR) news was published by Marketwired.com which published an article titled: “Crew Energy Inc. Announces Acquisition of Strategic Montney Acreage, Sale of …” on April 09, 2014.

Crew Energy Inc. is an oil and gas exploration, development and production company. The company has a market cap of $998.83 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. The Company’s activities are primarily focused in the vast Montney resource situated in northeast British Columbia.

CR Company Profile

Crane Co. (Crane), incorporated on April 3, 1985, is a diversified maker of engineered industrial products. The Firm operates in four divisions: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Company’s markets are chemicals, power, gas and oil, aerospace and defense, along with a range of general industrial and consumer related end markets.

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