Investment Analysts’ Weekly Ratings Changes for Canadian Natural Resources (CNQ)

Canadian Natural Resources (TSE: CNQ) recently received a number of ratings updates from brokerages and research firms:

• 10/22/2026 – Canadian Natural Resources had its price target raised by ATB Cormark Capital Markets from C$70.00 to C$85.00. They now have an “outperform” rating on the stock.
• 10/20/2026 – Canadian Natural Resources had its price target raised by National Bank Financial from C$84.00 to C$86.00. They now have a “sector perform” rating on the stock.
• 10/20/2026 – Canadian Natural Resources had its price target raised by Desjardins from C$73.00 to C$74.00. They now have a “hold” rating on the stock.
• 10/14/2026 – Canadian Natural Resources was downgraded by Raymond James Financial from “moderate buy” to “hold”. They now have a C$69.00 price target on the stock, down from C$70.00.
• 10/13/2026 – Canadian Natural Resources had its price target raised by Royal Bank Of Canada from C$79.00 to C$86.00.
• 9/16/2026 – Canadian Natural Resources had its price target raised by Raymond James Financial from C$66.00 to C$70.00. They now have an “outperform” rating on the stock.

Insider Transactions at Canadian Natural Resources

In other news, Director Shelley Ann Marie Brown bought 709 shares of the company’s stock in a transaction on Tuesday, September 15th. The stock was purchased at an average cost of C$70.44 per share, for a total transaction of C$49,941.96. Following the completion of the transaction, the director owned 1,780 shares of the company’s stock, valued at C$125,383.20. This trade represents a 66.20% increase in their ownership of the stock. 4.26% of the stock is currently owned by insiders.

Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company’s portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.