Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Troy John Peter Andersen Sells 19,000 Shares of Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Troy John Peter Andersen sold 19,000 shares of the stock in a transaction dated Friday, January 10th. The shares were sold at an average price of C$47.45, for a total transaction of C$901,607.00.

Canadian Natural Resources Price Performance

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

Analysts Set New Price Targets

Several research firms have recently commented on CNQ. ATB Capital increased their price target on shares of Canadian Natural Resources from C$58.00 to C$60.00 and gave the company an “outperform” rating in a research report on Tuesday, October 8th. TD Securities set a C$58.00 price target on Canadian Natural Resources and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Jefferies Financial Group upped their price objective on Canadian Natural Resources from C$49.00 to C$57.00 in a research report on Friday, October 11th. Wells Fargo & Company lifted their price objective on Canadian Natural Resources from C$48.00 to C$50.00 in a research report on Monday, December 9th. Finally, Royal Bank of Canada upped their target price on shares of Canadian Natural Resources from C$62.00 to C$63.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$71.94.

Canadian Natural Resources Company Profile

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).