Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Troy John Peter Andersen Sells 19,000 Shares

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Troy John Peter Andersen sold 19,000 shares of the company’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of C$47.45, for a total value of C$901,607.00.

Canadian Natural Resources Stock Up 1.1 %

Shares of CNQ stock traded up C$0.50 during trading hours on Friday, reaching C$47.41. The company had a trading volume of 2,457,761 shares, compared to its average volume of 6,296,210. The company has a debt-to-equity ratio of 29.64, a quick ratio of 0.54 and a current ratio of 0.88. Canadian Natural Resources Limited has a twelve month low of C$40.02 and a twelve month high of C$56.49. The company has a market capitalization of C$100.98 billion, a P/E ratio of 13.51, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. The stock’s fifty day simple moving average is C$46.03 and its 200 day simple moving average is C$47.25.

Analysts Set New Price Targets

A number of analysts recently commented on the company. ATB Capital increased their price objective on Canadian Natural Resources from C$58.00 to C$60.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Raymond James increased their price objective on Canadian Natural Resources from C$50.00 to C$51.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. CIBC increased their target price on Canadian Natural Resources from C$57.50 to C$59.00 in a research report on Wednesday, October 9th. Desjardins upgraded Canadian Natural Resources from a “hold” rating to a “buy” rating and increased their target price for the stock from C$56.00 to C$59.00 in a research report on Tuesday, October 8th. Finally, Royal Bank of Canada increased their target price on Canadian Natural Resources from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Canadian Natural Resources currently has a consensus rating of “Moderate Buy” and a consensus price target of C$71.94.

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).