Recent Investment Analysts’ Ratings Updates for Canadian Natural Resources Limited (CNQ)

Canadian Natural Resources Limited (TSE: CNQ) received a number of price target changes and ratings updates during the last week:

• Canadian Natural Resources Limited had its price target raised by analysts at National Bank of Greece from $38.00 to $40.00. They now have an “outperform” rating on the stock.
• Canadian Natural Resources Limited had its price target raised by analysts at BMO Capital Markets from $34.00 to $36.00. They now have a “market perform” rating on the stock.
• Canadian Natural Resources Limited had its price target raised by analysts at Socgen from $33.00 to $37.00. They now have a “buy” rating on the stock.
• Canadian Natural Resources Limited had its price target raised by analysts at CIBC from $34.00 to $35.00.
• Canadian Natural Resources Limited had its price target raised by analysts at National Bank Financial from $38.00 to $40.00.
• Canadian Natural Resources Limited had its price target raised by analysts at Societe Generale from $33.00 to $37.00. They now have a “buy” rating on the stock.
• Canadian Natural Resources Limited was downgraded by analysts at CIBC from a “sector outperformer” rating to a “sector performer” rating.
• Canadian Natural Resources Limited had its “sector outperform” rating reaffirmed by analysts at Scotiabank. They now have a $38.00 price target on the stock.
• Canadian Natural Resources Limited was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. They now have a $38.00 price target on the stock.

Canadian Natural Resources Limited (TSE: CNQ) traded up 0.78% on Friday, hitting $33.51. Canadian Natural Resources Limited has a 52-week low of $25.58 and a 52-week high of $35.55. The stock’s 50-day moving average is currently $31.03. The company has a market cap of $36.613 billion and a price-to-earnings ratio of 15.39.

Canadian Natural Resources Limited is a Canadian independent energy company engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas liquids (NGLs), and natural gas production.

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