Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ has earned a consensus recommendation of "Moderate Buy" from the fourteen brokerages that are covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is C$71.44.
Several analysts have weighed in on CNQ shares. Royal Bank of Canada dropped their price target on Canadian Natural Resources from C$63.00 to C$62.00 in a research note on Tuesday, January 14th. Wells Fargo & Company upped their target price on Canadian Natural Resources from C$48.00 to C$50.00 in a research note on Monday, December 9th. BMO Capital Markets lowered their target price on Canadian Natural Resources from C$60.00 to C$58.00 in a research note on Friday, December 13th. TD Securities set a C$58.00 target price on Canadian Natural Resources and gave the stock a "buy" rating in a research note on Tuesday, December 3rd. Finally, Gerdes Energy Research upgraded Canadian Natural Resources from a "neutral" rating to a "buy" rating in a research note on Monday, December 16th.
Read Our Latest Research Report on Canadian Natural Resources
Insider Buying and Selling at Canadian Natural Resources
In other news, Senior Officer Dwayne Frederick Giggs sold 2,000 shares of Canadian Natural Resources stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of C$48.70, for a total transaction of C$97,405.40. Also, Senior Officer Warren Paul Raczynski sold 7,500 shares of Canadian Natural Resources stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of C$43.70, for a total value of C$327,750.00. Insiders have sold a total of 152,152 shares of company stock worth $6,872,390 over the last ninety days. Corporate insiders own 4.26% of the company's stock.
Canadian Natural Resources Stock Performance
Canadian Natural Resources stock traded down C$0.53 during trading hours on Wednesday, hitting C$43.42. 5,168,290 shares of the stock traded hands, compared to its average volume of 6,690,117. The company has a debt-to-equity ratio of 29.64, a current ratio of 0.88 and a quick ratio of 0.54. The firm's 50 day moving average price is C$44.94 and its 200-day moving average price is C$46.67. The stock has a market capitalization of C$92.48 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 0.53 and a beta of 1.89. Canadian Natural Resources has a 1 year low of C$40.02 and a 1 year high of C$56.49.
Canadian Natural Resources Company Profile
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Get Free ReportCanadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).
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