Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Warren Paul Raczynski Sells 7,500 Shares

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Warren Paul Raczynski sold 7,500 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of C$43.70, for a total value of C$327,750.00.

Canadian Natural Resources Trading Down 1.0 %

Shares of TSE:CNQ opened at C$43.73 on Tuesday. The stock’s fifty day moving average price is C$45.26 and its 200-day moving average price is C$46.82. The company has a debt-to-equity ratio of 29.64, a current ratio of 0.88 and a quick ratio of 0.54. The company has a market cap of C$93.14 billion, a P/E ratio of 12.46, a PEG ratio of 0.53 and a beta of 1.89. Canadian Natural Resources Limited has a 1 year low of C$40.02 and a 1 year high of C$56.49.

Wall Street Analysts Forecast Growth

CNQ has been the topic of a number of research analyst reports. Wells Fargo & Company increased their target price on Canadian Natural Resources from C$48.00 to C$50.00 in a research note on Monday, December 9th. Jefferies Financial Group lowered their price target on shares of Canadian Natural Resources from C$54.00 to C$50.00 in a report on Thursday, January 30th. Gerdes Energy Research upgraded Canadian Natural Resources from a “neutral” rating to a “buy” rating in a report on Monday, December 16th. ATB Capital raised their target price on shares of Canadian Natural Resources from C$58.00 to C$60.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. Finally, TD Securities set a C$58.00 target price on Canadian Natural Resources and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$71.44.

About Canadian Natural Resources

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).