Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) had its target price increased by Barclays from C$44.00 to C$55.00 in a research note published on Monday morning.

Other equities research analysts also recently issued reports about the stock. BMO Capital Markets restated an outperform rating and issued a C$54.00 price target on shares of Canadian Natural Resources in a research note on Wednesday, November 8th. JPMorgan Chase & Co. raised their price target on shares of Canadian Natural Resources from C$47.00 to C$48.00 in a research note on Friday, November 3rd. Scotiabank raised their price target on shares of Canadian Natural Resources from C$45.00 to C$50.00 and gave the company an outperform rating in a research note on Wednesday, November 8th. GMP Securities raised their price target on shares of Canadian Natural Resources from C$52.00 to C$56.00 in a research note on Friday, November 3rd. Finally, TD Securities raised their price target on shares of Canadian Natural Resources from C$51.00 to C$52.00 and gave the company a buy rating in a research note on Thursday, November 9th. Nine analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Canadian Natural Resources has a consensus rating of Buy and an average price target of C$53.64.

Shares of Canadian Natural Resources (CNQ) opened at C$42.49 on Monday. The stock has a market cap of $51,760.00, a PE ratio of 19.14 and a beta of 1.07. Canadian Natural Resources has a one year low of C$35.90 and a one year high of C$47.00.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last announced its quarterly earnings data on Thursday, November 2nd. The company reported C$0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.14 by C($0.05). Canadian Natural Resources had a return on equity of 8.80% and a net margin of 15.95%.

In related news, insider Allan E. Frankiw sold 2,500 shares of Canadian Natural Resources stock in a transaction that occurred on Tuesday, January 23rd. The shares were sold at an average price of C$44.97, for a total transaction of C$112,425.00. Also, insider Réal Michel Cusson bought 25,000 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average price of C$28.06 per share, for a total transaction of C$701,500.00. Over the last quarter, insiders have purchased 52,650 shares of company stock worth $1,531,413 and have sold 221,014 shares worth $10,131,138.

ILLEGAL ACTIVITY WARNING: “Canadian Natural Resources (CNQ) PT Raised to C$55.00” was posted by Watch List News and is the property of of Watch List News. If you are reading this article on another domain, it was illegally copied and republished in violation of U.S. & international copyright laws. The legal version of this article can be accessed at https://www.watchlistnews.com/canadian-natural-resources-cnq-pt-raised-to-c55-00/1838493.html.

About Canadian Natural Resources

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company’s segments include Exploration and Production, Oil Sands Mining and Upgrading, and Midstream. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas.

Analyst Recommendations for Canadian Natural Resources (TSE:CNQ)

Receive News & Ratings for Canadian Natural Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Natural Resources and related companies with MarketBeat.com's FREE daily email newsletter.