Canadian Natural Resources Limited (TSE:CNQ) Director Stephen W. Laut Buys 942 Shares of Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Stephen W. Laut bought 942 shares of the stock in a transaction on Monday, January 6th. The stock was purchased at an average price of C$46.46 per share, for a total transaction of C$43,765.32.

Stephen W. Laut also recently made the following trade(s):

• On Tuesday, November 19th, Stephen W. Laut sold 6,400 shares of Canadian Natural Resources stock. The stock was sold at an average price of C$47.04, for a total value of C$301,056.00.

Canadian Natural Resources Price Performance

Canadian Natural Resources stock opened at C$47.01 on Wednesday. The business has a 50-day simple moving average of C$46.05 and a 200 day simple moving average of C$47.24. Canadian Natural Resources Limited has a 52 week low of C$40.02 and a 52 week high of C$56.49. The stock has a market cap of C$100.13 billion, a price-to-earnings ratio of 13.39, a PEG ratio of 0.53 and a beta of 1.89. 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 Ratings Changes

A number of brokerages have weighed in on CNQ. Jefferies Financial Group increased their target price on shares of Canadian Natural Resources from C$49.00 to C$57.00 in a research report on Friday, October 11th. Raymond James raised their price objective 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. TD Securities set a C$58.00 target price on shares of Canadian Natural Resources and gave the company a “buy” rating in a report on Tuesday, December 3rd. Royal Bank of Canada increased their target price on Canadian Natural Resources from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Finally, Gerdes Energy Research upgraded Canadian Natural Resources from a “neutral” rating to a “buy” rating in a research report on Monday, December 16th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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).