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

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

Canadian Natural Resources Stock Performance

Shares of Canadian Natural Resources stock opened at C$43.73 on Tuesday. The business’s fifty day simple moving average is C$45.26 and its 200 day simple moving average is C$46.82. The company has a current ratio of 0.88, a quick ratio of 0.54 and a debt-to-equity ratio of 29.64. Canadian Natural Resources Limited has a 12 month low of C$40.02 and a 12 month high of C$56.49. The firm has a market capitalization of C$93.14 billion, a P/E ratio of 12.46, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89.

Wall Street Analysts Forecast Growth

CNQ has been the subject of several research reports. National Bankshares lifted their price target on shares of Canadian Natural Resources from C$52.00 to C$53.00 and gave the company a “sector perform” rating in a research report on Tuesday, October 8th. BMO Capital Markets reduced their price objective on shares of Canadian Natural Resources from C$60.00 to C$58.00 in a report on Friday, December 13th. Gerdes Energy Research upgraded shares of Canadian Natural Resources from a “neutral” rating to a “buy” rating in a report on Monday, December 16th. Desjardins upgraded Canadian Natural Resources from a “hold” rating to a “buy” rating and lifted their price target for the company from C$56.00 to C$59.00 in a research note on Tuesday, October 8th. Finally, Jefferies Financial Group decreased their price objective on Canadian Natural Resources from C$54.00 to C$50.00 in a report on Thursday, January 30th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$71.44.

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).