Canadian Natural Resources (TSE:CNQ) Stock Price Expected to Rise, TD Securities Analyst Says

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) had its price target increased by stock analysts at TD Securities from C$51.00 to C$64.00 in a note issued to investors on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target points to a potential upside of 1.65% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. National Bank Financial raised their target price on shares of Canadian Natural Resources from C$47.00 to C$54.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 3rd. Morgan Stanley cut their price target on shares of Canadian Natural Resources from C$51.00 to C$50.00 in a report on Friday, January 23rd. ATB Cormark Capital Markets upped their price target on shares of Canadian Natural Resources from C$56.00 to C$65.00 and gave the company an “outperform” rating in a research report on Friday. Desjardins set a C$52.00 price objective on shares of Canadian Natural Resources and gave the stock a “hold” rating in a research note on Wednesday, December 17th. Finally, Raymond James Financial lifted their price objective on shares of Canadian Natural Resources from C$53.00 to C$55.00 and gave the stock an “outperform” rating in a research report on Friday. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$58.42.

Canadian Natural Resources Trading Up 1.6%

Shares of TSE CNQ opened at C$62.96 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.95 and a debt-to-equity ratio of 44.46. Canadian Natural Resources has a 12 month low of C$34.92 and a 12 month high of C$64.00. The company has a market cap of C$131.15 billion, a price-to-earnings ratio of 19.86, a P/E/G ratio of 0.53 and a beta of 0.81. The business has a fifty day simple moving average of C$51.86 and a 200-day simple moving average of C$47.20.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last issued its quarterly earnings results on Thursday, March 5th. The company reported C$0.82 earnings per share for the quarter. Canadian Natural Resources had a return on equity of 25.98% and a net margin of 26.06%. Sell-side analysts predict that Canadian Natural Resources will post 3.833989 EPS for the current year.

Insider Activity

In other Canadian Natural Resources news, insider Brenda Gayle Balog sold 2,252 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of C$49.98, for a total transaction of C$112,554.96. Following the transaction, the insider directly owned 47,965 shares in the company, valued at C$2,397,290.70. This trade represents a 4.48% decrease in their ownership of the stock. Also, insider Erin Louise Lunn sold 2,252 shares of the business’s stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of C$49.68, for a total value of C$111,879.36. Following the completion of the sale, the insider directly owned 51,142 shares of the company’s stock, valued at C$2,540,734.56. This represents a 4.22% decrease in their position. Over the last three months, insiders sold 51,775 shares of company stock valued at $2,571,074. Corporate insiders own 4.26% of the company’s stock.

Canadian Natural Resources News Roundup

Here are the key news stories impacting Canadian Natural Resources this week:

• Positive Sentiment: Q4 earnings beat and higher production; CNQ reported C$0.82 EPS and better-than-expected volumes, supporting near-term cash generation and margins. Article Title
• Positive Sentiment: Dividend increased — board approved a higher quarterly dividend, extending a 26-year dividend growth streak, which underpins the stock’s income appeal for yield-focused investors. Article Title
• Positive Sentiment: BMO raised its price target sharply to C$70 (now an outperform), signaling meaningful upside vs. the current price and a constructive view on CNQ’s outlook. BayStreet.CA
• Positive Sentiment: RBC raised its target to C$65 (outperform), and TD Securities lifted its target to C$64 with a buy rating — both imply modest upside and reinforce the buy-side momentum. BayStreet.CA Tickerreport.com
• Positive Sentiment: ATB Cormark also raised its target to C$65 (outperform), and TD Cowen reiterated/maintained a buy view with a C$64 target, backing expectations for continued cash returns and debt reduction. BayStreet.CA TipRanks
• Neutral Sentiment: Scotiabank bumped its target to C$62 with an outperform rating, but the target sits slightly below the current price, creating mixed signal on near-term upside. BayStreet.CA
• Neutral Sentiment: Market commentary highlights energy-sector strength amid higher oil prices — supportive macro backdrop for CNQ but sector moves can be volatile. BNN Bloomberg
• Neutral Sentiment: Company to defer the Jackpine mine expansion — reduces near-term capex but may temper longer-term growth expectations; investors will weigh cash returns vs. growth trade-offs. Seeking Alpha
• Negative Sentiment: National Bank Financial raised its target to C$59 but kept a sector perform rating; that target implies a ~6% downside to the current price, signaling a more cautious view. BayStreet.CA
• Negative Sentiment: Raymond James lifted its target to C$55 (outperform) but the level still implies a material downside vs. the current price, reflecting divergent analyst views. BayStreet.CA

About Canadian Natural Resources

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.