Canadian Natural Resources Limited (TSE: CNQ) had its price target lowered by RBC Capital from $40.00 to $38.00 in a research report sent to investors on Thursday morning. The firm currently has an outperform rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at CIBC cut their price target on shares of Canadian Natural Resources Limited from $35.00 to $34.00 in a research note to investors on Tuesday, January 22nd. Separately, analysts at Barclays Capital cut their price target on shares of Canadian Natural Resources Limited from $36.00 to $35.00 in a research note to investors on Wednesday, January 16th. Finally, analysts at UBS AG cut their price target on shares of Canadian Natural Resources Limited from $50.00 to $45.00 in a research note to investors on Monday, December 10th. They now have a buy rating on the stock.
Shares of Canadian Natural Resources Limited traded up 1.28% during mid-day trading on Thursday, hitting $30.76. Canadian Natural Resources Limited has a one year low of $25.58 and a one year high of $38.58. The stock’s 50-day moving average is currently $30.26. The company has a market cap of $33.666 billion and a P/E ratio of 14.06.
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