Canadian Natural Resources (CNQ) – Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Canadian Natural Resources (TSE: CNQ) recently:

• 4/15/2025 – Canadian Natural Resources had its price target lowered by analysts at Desjardins from C$51.00 to C$49.00. They now have a “buy” rating on the stock.
• 4/10/2025 – Canadian Natural Resources had its price target raised by analysts at CIBC from C$59.00 to C$62.00.
• 4/9/2025 – Canadian Natural Resources was upgraded by analysts at Raymond James from a “market perform” rating to an “outperform” rating. They now have a C$49.00 price target on the stock, down previously from C$52.00.
• 4/9/2025 – Canadian Natural Resources had its price target lowered by analysts at Wells Fargo & Company from C$44.00 to C$40.00. They now have an “equal weight” rating on the stock.
• 3/19/2025 – Canadian Natural Resources was upgraded by analysts at Scotiabank from a “sector perform” rating to an “outperform” rating. They now have a C$56.00 price target on the stock.
• 3/7/2025 – Canadian Natural Resources was upgraded by analysts at Evercore ISI from a “hold” rating to a “strong-buy” rating.
• 3/7/2025 – Canadian Natural Resources had its price target lowered by analysts at National Bankshares, Inc. from C$51.00 to C$49.00. They now have a “sector perform” rating on the stock.
• 3/7/2025 – Canadian Natural Resources had its price target raised by analysts at Royal Bank of Canada from C$62.00 to C$63.00. They now have an “outperform” rating on the stock.
• 3/7/2025 – Canadian Natural Resources had its price target raised by analysts at Raymond James from C$51.00 to C$52.00. They now have a “market perform” rating on the stock.
• 3/7/2025 – Canadian Natural Resources had its price target lowered by analysts at Wells Fargo & Company from C$50.00 to C$44.00.

Canadian Natural Resources Stock Up 0.6 %

Canadian Natural Resources stock opened at C$38.21 on Wednesday. The business’s 50-day moving average price is C$41.59 and its 200 day moving average price is C$44.74. The company has a quick ratio of 0.54, a current ratio of 0.84 and a debt-to-equity ratio of 25.79. The firm has a market cap of C$80.19 billion, a price-to-earnings ratio of 10.61, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. Canadian Natural Resources Limited has a 52 week low of C$34.92 and a 52 week high of C$54.30.

Insider Transactions at Canadian Natural Resources

In other Canadian Natural Resources news, Director Stephen W. Laut purchased 980 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was purchased at an average price of C$44.65 per share, for a total transaction of C$43,757.00. Also, Senior Officer Dwayne Frederick Giggs purchased 1,400 shares of the company’s stock in a transaction that occurred on Thursday, April 10th. The stock was bought at an average cost of C$36.88 per share, for a total transaction of C$51,631.02. Insiders have sold 47,184 shares of company stock valued at $2,047,408 in the last 90 days. 4.26% of the stock is currently owned by company 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.