Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Scott Gerald Stauth bought 27,000 shares of the stock in a transaction dated Monday, January 13th. The stock was acquired at an average price of C$46.52 per share, with a total value of C$1,256,121.00.
Canadian Natural Resources Price Performance
Shares of CNQ traded down C$1.82 during trading hours on Monday, reaching C$45.45. The stock had a trading volume of 12,417,304 shares, compared to its average volume of 8,294,442. The company has a debt-to-equity ratio of 29.64, a quick ratio of 0.54 and a current ratio of 0.88. Canadian Natural Resources Limited has a 12 month low of C$40.02 and a 12 month high of C$56.49. The stock has a market capitalization of C$96.81 billion, a PE ratio of 12.95, a PEG ratio of 0.53 and a beta of 1.89. The company's 50-day moving average is C$46.03 and its two-hundred day moving average is C$47.24.
Wall Street Analysts Forecast Growth
CNQ has been the subject of several research reports. CIBC raised their price objective on shares of Canadian Natural Resources from C$57.50 to C$59.00 in a research report on Wednesday, October 9th. Raymond James upped their price objective on Canadian Natural Resources from C$50.00 to C$51.00 and gave the stock a "market perform" rating in a report on Friday, November 1st. Wells Fargo & Company lifted their target price on Canadian Natural Resources from C$48.00 to C$50.00 in a research note on Monday, December 9th. ATB Capital raised their price target on Canadian Natural Resources from C$58.00 to C$60.00 and gave the company an "outperform" rating in a report on Tuesday, October 8th. Finally, Desjardins raised Canadian Natural Resources from a "hold" rating to a "buy" rating and boosted their price objective for the stock from C$56.00 to C$59.00 in a report on Tuesday, October 8th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$71.94.
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Canadian Natural Resources Company Profile
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Canadian 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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