Canadian Natural Resources Limited Given New $37.00 Price Target at Socgen (CNQ)
Socgen boosted their price target on shares of Canadian Natural Resources Limited (TSE: CNQ) from $33.00 to $37.00 in a research note issued on Friday. The firm currently has a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets raised their price target on shares of Canadian Natural Resources Limited from $34.00 to $36.00 in a research note to investors on Friday. They now have a “market perform” rating on the stock. Separately, analysts at National Bank of Greece 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. They now have an “outperform” rating on the stock. Finally, analysts at RBC Capital cut their price target on shares of Canadian Natural Resources Limited from $40.00 to $38.00 in a research note to investors on Thursday, February 21st. They now have an “outperform” rating on the stock.
Shares of Canadian Natural Resources Limited traded down 0.16% during mid-day trading on Friday, hitting $32.05. Canadian Natural Resources Limited has a one year low of $25.58 and a one year high of $35.87. The stock’s 50-day moving average is currently $30.7. The company has a market cap of $35.078 billion and a P/E ratio of 14.86.
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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