Troy John Peter Andersen Sells 19,000 Shares of Canadian Natural Resources Limited (TSE:CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Troy John Peter Andersen sold 19,000 shares of the business's stock in a transaction dated Friday, January 10th. The shares were sold at an average price of C$47.45, for a total value of C$901,607.00.

Canadian Natural Resources Trading Up 0.8 %

CNQ stock traded up C$0.36 during midday trading on Friday, reaching C$47.27. The stock had a trading volume of 12,182,138 shares, compared to its average volume of 7,705,463. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 29.64. The firm has a market cap of C$100.69 billion, a price-to-earnings ratio of 13.47, a PEG ratio of 0.53 and a beta of 1.89. The business has a fifty day simple moving average of C$46.03 and a two-hundred day simple moving average of C$47.25. Canadian Natural Resources Limited has a twelve month low of C$40.02 and a twelve month high of C$56.49.

Analysts Set New Price Targets

CNQ has been the subject of a number of analyst reports. CIBC raised their price objective on shares of Canadian Natural Resources from C$57.50 to C$59.00 in a report on Wednesday, October 9th. Raymond James increased 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 research note on Friday, November 1st. TD Securities set a C$58.00 price objective on Canadian Natural Resources and gave the company a "buy" rating in a report on Tuesday, December 3rd. Gerdes Energy Research raised shares of Canadian Natural Resources from a "neutral" rating to a "buy" rating in a report on Monday, December 16th. Finally, Royal Bank of Canada lifted their price target on shares of Canadian Natural Resources from C$62.00 to C$63.00 and gave the company an "outperform" rating in a report on Friday, November 1st. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$71.94.

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).