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

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Stephen W. Laut bought 942 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was bought at an average price of C$46.46 per share, with a total value 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 Stock Up 1.7 %

TSE CNQ opened at C$47.01 on Wednesday. Canadian Natural Resources Limited has a 1 year low of C$40.02 and a 1 year high of C$56.49. The stock 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. The business’s 50-day moving average is C$46.05 and its 200 day moving average is C$47.24.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Raymond James increased their price objective on Canadian Natural Resources from C$50.00 to C$51.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Wells Fargo & Company increased their price target on shares of Canadian Natural Resources from C$48.00 to C$50.00 in a research report on Monday, December 9th. National Bankshares boosted their price objective on shares of Canadian Natural Resources from C$52.00 to C$53.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 8th. 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. Finally, Royal Bank of Canada boosted their price target 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. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, 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).