Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) had its target price raised by Raymond James Financial, Inc. from C$49.00 to C$50.00 in a research note issued to investors on Wednesday. They currently have an outperform rating on the stock.

CNQ has been the topic of several other research reports. National Bank Financial reissued an outperform rating and set a C$52.00 target price on shares of Canadian Natural Resources Limited in a report on Friday, November 3rd. Royal Bank Of Canada boosted their target price on Canadian Natural Resources Limited from C$50.00 to C$51.00 and gave the stock a top pick rating in a report on Friday, November 3rd. J P Morgan Chase & Co boosted their target price on Canadian Natural Resources Limited from C$47.00 to C$48.00 in a report on Friday, November 3rd. GMP Securities boosted their target price on Canadian Natural Resources Limited from C$52.00 to C$56.00 in a report on Friday, November 3rd. Finally, Canaccord Genuity boosted their target price on Canadian Natural Resources Limited from C$47.00 to C$48.00 in a report on Wednesday, September 6th. Nine equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Canadian Natural Resources Limited presently has an average rating of Buy and a consensus price target of C$49.64.

Shares of Canadian Natural Resources Limited (TSE:CNQ) opened at C$46.30 on Wednesday. Canadian Natural Resources Limited has a twelve month low of C$35.90 and a twelve month high of C$47.00.

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The business also recently declared a quarterly dividend, which will be paid on Monday, January 1st. Shareholders of record on Tuesday, December 12th will be issued a $0.275 dividend. The ex-dividend date of this dividend is Monday, December 11th. This represents a $1.10 annualized dividend and a dividend yield of 2.38%. Canadian Natural Resources Limited’s dividend payout ratio is currently 48.42%.

In other Canadian Natural Resources Limited news, Director Norman Murray Edwards sold 99,714 shares of Canadian Natural Resources Limited stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of C$40.37, for a total transaction of C$4,025,454.18. Also, insider Allan E. Frankiw sold 1,000 shares of Canadian Natural Resources Limited stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of C$39.32, for a total transaction of C$39,320.00. Over the last quarter, insiders have acquired 50,000 shares of company stock worth $1,437,000 and have sold 160,331 shares worth $6,498,761.

Canadian Natural Resources Limited Company Profile

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 Limited (TSE:CNQ)

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