Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells C$347,775.00 in Stock

Canadian Natural Resources Limited (TSE:CNQ) (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 Price Performance

Shares of Canadian Natural Resources stock opened at C$46.91 on Friday. The company has a debt-to-equity ratio of 29.64, a quick ratio of 0.54 and a current ratio of 0.88. Canadian Natural Resources Limited has a 52-week low of C$40.02 and a 52-week high of C$56.49. The company has a fifty day moving average of C$46.03 and a 200-day moving average of C$47.25. The stock has a market capitalization of C$99.92 billion, a price-to-earnings ratio of 13.36, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on CNQ shares. National Bankshares upped their price target on Canadian Natural Resources from C$52.00 to C$53.00 and gave the stock a “sector perform” rating in a research note on Tuesday, October 8th. Desjardins raised Canadian Natural Resources from a “hold” rating to a “buy” rating and upped their target price for the stock from C$56.00 to C$59.00 in a research report on Tuesday, October 8th. CIBC lifted their price target on shares of Canadian Natural Resources from C$57.50 to C$59.00 in a research report on Wednesday, October 9th. Raymond James upped 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. Finally, ATB Capital lifted their price objective on shares of Canadian Natural Resources from C$58.00 to C$60.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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).