Canadian Natural Resources Limited (TSE:CNQ) Director Buys C$43,765.32 in Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Stephen W. Laut acquired 942 shares of Canadian Natural Resources stock in a transaction dated Monday, January 6th. The shares were acquired at an average price of C$46.46 per share, with a total value of C$43,765.32.

Stephen W. Laut also recently made the following trade(s):

• On Tuesday, November 19th, Stephen W. Laut sold 6,400 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$47.04, for a total value of C$301,056.00.

Canadian Natural Resources Trading Up 1.7 %

Shares of TSE CNQ traded up C$0.78 during mid-day trading on Tuesday, hitting C$47.01. The stock had a trading volume of 7,967,616 shares, compared to its average volume of 8,321,293. The firm has a market cap of C$100.13 billion, a P/E ratio of 13.39, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. The company has a debt-to-equity ratio of 29.64, a quick ratio of 0.54 and a current ratio of 0.88. The business has a 50 day moving average price of C$46.07 and a two-hundred day moving average price of C$47.24. Canadian Natural Resources Limited has a 1 year low of C$40.02 and a 1 year high of C$56.49.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CNQ. Royal Bank of Canada increased their price objective on Canadian Natural Resources from C$62.00 to C$63.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. National Bankshares raised their price target on Canadian Natural Resources from C$52.00 to C$53.00 and gave the company a “sector perform” rating in a research note on Tuesday, October 8th. TD Securities set a C$58.00 price objective on shares of Canadian Natural Resources and gave the company a “buy” rating in a research report on Tuesday, December 3rd. Gerdes Energy Research raised shares of Canadian Natural Resources from a “neutral” rating to a “buy” rating in a report on Monday, December 16th. Finally, Raymond James boosted their price objective on shares of Canadian Natural Resources from C$50.00 to C$51.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$71.94.

About Canadian Natural Resources

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).