Analysts at CIBC upped their price target on shares of Canadian Natural Resources Limited (TSE: CNQ) from $34.00 to $35.00 in a research report issued to clients and investors on Friday.

CNQ has been the subject of a number of other recent research reports. Analysts at Socgen 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. They now have a “buy” rating on the stock. Separately, 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. Finally, 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.

Canadian Natural Resources Limited traded down 0.12% on Friday, hitting $32.06. Canadian Natural Resources Limited has a 1-year low of $25.58 and a 1-year high of $35.87. The stock’s 50-day moving average is currently $30.7. The company has a market cap of $35.089 billion and a price-to-earnings 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.