Canadian Natural Resources Limited (TSE: CNQ) was upgraded by Stifel Nicolaus from a “hold” rating to a “buy” rating in a research note issued on Thursday. The firm currently has a $38.00 price target on the stock.
CNQ has been the subject of a number of other recent research reports. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of Canadian Natural Resources Limited in a research note to investors on Monday. They now have a $38.00 price target on the stock. Separately, analysts at Societe Generale raised their price target on shares of Canadian Natural Resources Limited from $33.00 to $37.00 in a research note to investors on Friday, March 8th. They now have a “buy” rating on the stock. Finally, analysts at National Bank Financial raised their price target on shares of Canadian Natural Resources Limited from $38.00 to $40.00 in a research note to investors on Friday, March 8th.
Canadian Natural Resources Limited (TSE: CNQ) traded up 4.35% on Thursday, hitting $33.25. Canadian Natural Resources Limited has a 1-year low of $25.58 and a 1-year high of $35.55. The stock’s 50-day moving average is currently $30.94. The company has a market cap of $36.575 billion and a price-to-earnings ratio of 14.75.
Canadian Natural Resources Limited is a Canadian independent energy company engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas liquids (NGLs), and natural gas production.
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