Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) had its price target increased by GMP Securities from C$52.00 to C$56.00 in a research report sent to investors on Friday.

Several other equities analysts have also recently weighed in on the company. J P Morgan Chase & Co raised their price target on Canadian Natural Resources Limited from C$47.00 to C$48.00 in a report on Friday. National Bank Financial restated an outperform rating and set a C$52.00 price target on shares of Canadian Natural Resources Limited in a report on Friday. Royal Bank Of Canada raised their price target on Canadian Natural Resources Limited from C$50.00 to C$51.00 and gave the company a top pick rating in a report on Friday. Canaccord Genuity raised their price target on Canadian Natural Resources Limited from C$47.00 to C$48.00 in a report on Wednesday, September 6th. Finally, CIBC cut their price target on Canadian Natural Resources Limited from C$55.00 to C$50.00 in a report on Thursday, July 20th. Eight investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of Buy and an average target price of C$50.00.

Canadian Natural Resources Limited (TSE:CNQ) opened at C$46.01 on Friday. Canadian Natural Resources Limited has a 1-year low of C$35.90 and a 1-year high of C$46.74.

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The firm also recently declared a quarterly dividend, which will be paid on Monday, January 1st. Investors of record on Tuesday, December 12th will be paid a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date is Monday, December 11th.

In other Canadian Natural Resources Limited news, insider Allan E. Frankiw sold 1,000 shares of Canadian Natural Resources Limited stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of C$38.77, for a total transaction of C$38,770.00. Also, insider Timothy Shawn Mckay sold 20,000 shares of Canadian Natural Resources Limited stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of C$40.40, for a total value of C$808,000.00. Insiders have sold a total of 178,331 shares of company stock valued at $7,223,721 over the last three months.

About Canadian Natural Resources Limited

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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