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

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 stock was 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 CNQ stock traded down C$0.53 on Friday, reaching C$43.42. The company's stock had a trading volume of 5,168,290 shares, compared to its average volume of 6,690,117. The company has a market capitalization of C$92.48 billion, a P/E ratio of 12.37, a PEG ratio of 0.53 and a beta of 1.89. Canadian Natural Resources Limited has a 12-month low of C$40.02 and a 12-month high of C$56.49. The stock's 50 day simple moving average is C$45.02 and its 200-day simple moving average is C$46.70. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 29.64.

Analyst Upgrades and Downgrades

CNQ has been the topic of a number of analyst reports. Raymond James upped their target price on shares of 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. Jefferies Financial Group dropped their target price on Canadian Natural Resources from C$54.00 to C$50.00 in a report on Thursday, January 30th. Gerdes Energy Research upgraded Canadian Natural Resources from a "neutral" rating to a "buy" rating in a report on Monday, December 16th. TD Securities set a C$58.00 price objective on Canadian Natural Resources and gave the company a "buy" rating in a research note on Tuesday, December 3rd. Finally, Royal Bank of Canada reduced their target price on shares of Canadian Natural Resources from C$63.00 to C$62.00 in a research note on Tuesday, January 14th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$71.44.

About Canadian Natural Resources

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).