Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells C$901,607.00 in Stock

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 stock was sold at an average price of C$47.45, for a total transaction of C$901,607.00.

Canadian Natural Resources Stock Performance

Shares of CNQ opened at C$47.27 on Friday. The stock has a market capitalization of C$100.69 billion, a PE ratio of 13.47, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. The business’s fifty day moving average price is C$46.03 and its 200 day moving average price is C$47.25. The company has a debt-to-equity ratio of 29.64, a current ratio of 0.88 and a quick ratio of 0.54. Canadian Natural Resources Limited has a 12-month low of C$40.02 and a 12-month high of C$56.49.

Wall Street Analyst Weigh In

CNQ has been the subject of several analyst reports. Desjardins raised Canadian Natural Resources from a “hold” rating to a “buy” rating and upped their target price for the stock from C$56.00 to C$59.00 in a research report on Tuesday, October 8th. TD Securities set a C$58.00 price objective on shares of Canadian Natural Resources and gave the company a “buy” rating in a research report on Tuesday, December 3rd. ATB Capital boosted 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. Jefferies Financial Group raised their price target on shares of Canadian Natural Resources from C$49.00 to C$57.00 in a report on Friday, October 11th. Finally, National Bankshares boosted their price objective on shares of Canadian Natural Resources from C$52.00 to C$53.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 8th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$71.94.

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).