Insider Selling: Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells 7,500 Shares of Stock

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Devin Craig Lowe sold 7,500 shares of the firm's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of C$46.37, for a total transaction of C$347,775.00.

Canadian Natural Resources Stock Performance

Shares of CNQ stock traded up C$0.78 on Tuesday, hitting C$47.01. 7,967,616 shares of the stock traded hands, compared to its average volume of 8,321,293. The company's fifty day moving average is C$46.07 and its 200 day moving average is C$47.24. 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 market capitalization of C$100.13 billion, a PE ratio of 13.39, a PEG ratio of 0.53 and a beta of 1.89. The company has a debt-to-equity ratio of 29.64, a current ratio of 0.88 and a quick ratio of 0.54.

Analyst Upgrades and Downgrades

Several research firms recently commented on CNQ. ATB Capital upped their price target on shares of Canadian Natural Resources from C$58.00 to C$60.00 and gave the company an "outperform" rating in a research report on Tuesday, October 8th. Royal Bank of Canada increased their target price on shares of Canadian Natural Resources from C$62.00 to C$63.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st. Gerdes Energy Research upgraded Canadian Natural Resources from a "neutral" rating to a "buy" rating in a research report on Monday, December 16th. BMO Capital Markets decreased their price objective on Canadian Natural Resources from C$60.00 to C$58.00 in a research report on Friday, December 13th. Finally, TD Securities set a C$58.00 target price on Canadian Natural Resources and gave the company a "buy" rating in a research note on Tuesday, December 3rd. Seven research 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 company currently has a consensus rating of "Moderate Buy" and an average target price of C$71.94.

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).