Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells C$327,750.00 in Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Warren Paul Raczynski sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of C$43.70, for a total value of C$327,750.00.

Canadian Natural Resources Stock Up 0.4 %

Shares of Canadian Natural Resources stock opened at C$44.56 on Thursday. Canadian Natural Resources Limited has a 1 year low of C$40.02 and a 1 year high of C$56.49. The firm has a market cap of C$94.91 billion, a price-to-earnings ratio of 12.70, a PEG ratio of 0.53 and a beta of 1.89. The company has a 50-day moving average of C$45.14 and a 200 day moving average of C$46.78. 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

A number of research firms recently commented on CNQ. Gerdes Energy Research upgraded shares of Canadian Natural Resources from a “neutral” rating to a “buy” rating in a report on Monday, December 16th. Raymond James upped their price objective on shares of Canadian Natural Resources from C$50.00 to C$51.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. BMO Capital Markets cut their target price on Canadian Natural Resources from C$60.00 to C$58.00 in a research note on Friday, December 13th. Royal Bank of Canada lowered their price target on Canadian Natural Resources from C$63.00 to C$62.00 in a research report on Tuesday, January 14th. Finally, TD Securities set a C$58.00 price objective on Canadian Natural Resources and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Six investment 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 currently has a consensus rating of “Moderate Buy” and an average price target of C$71.44.

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).