Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Warren Paul Raczynski Sells 7,500 Shares

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Warren Paul Raczynski sold 7,500 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of C$43.70, for a total transaction of C$327,750.00.

Canadian Natural Resources Price Performance

Shares of Canadian Natural Resources stock traded down C$0.61 during midday trading on Thursday, reaching C$43.95. The company had a trading volume of 4,734,839 shares, compared to its average volume of 6,748,648. The stock has a fifty day simple moving average of C$45.09 and a 200 day simple moving average of C$46.74. Canadian Natural Resources Limited has a 1-year low of C$40.02 and a 1-year high of C$56.49. The company has a current ratio of 0.88, a quick ratio of 0.54 and a debt-to-equity ratio of 29.64. The company has a market capitalization of C$93.61 billion, a price-to-earnings ratio of 12.52, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89.

Wall Street Analysts Forecast Growth

CNQ has been the subject of a number of research reports. Jefferies Financial Group reduced their price objective on Canadian Natural Resources from C$54.00 to C$50.00 in a research report on Thursday, January 30th. Raymond James raised their target price on Canadian Natural Resources from C$50.00 to C$51.00 and gave the stock a "market perform" rating in a research report on Friday, November 1st. Royal Bank of Canada dropped their price objective on shares of Canadian Natural Resources from C$63.00 to C$62.00 in a research note on Tuesday, January 14th. TD Securities set a C$58.00 price target on shares of Canadian Natural Resources and gave the stock a "buy" rating in a research report on Tuesday, December 3rd. Finally, BMO Capital Markets lowered their price objective on Canadian Natural Resources from C$60.00 to C$58.00 in a research note on Friday, December 13th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Canadian Natural Resources currently has a consensus rating of "Moderate Buy" and a consensus target price of C$71.44.

Canadian Natural Resources Company Profile

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).