Recent Analysts’ Ratings Updates for Canadian Natural Resources (CNQ)

Several analysts have recently updated their ratings and price targets for Canadian Natural Resources (TSE: CNQ):

• 8/12/2026 – Canadian Natural Resources had its price target raised by JPMorgan Chase & Co. from C$67.00 to C$75.00.
• 8/7/2026 – Canadian Natural Resources had its price target raised by Raymond James Financial, Inc. from C$65.00 to C$66.00. They now have an “outperform” rating on the stock.
• 8/7/2026 – Canadian Natural Resources had its price target raised by TD from C$72.00 to C$73.00. They now have a “buy” rating on the stock.
• 8/7/2026 – Canadian Natural Resources had its price target raised by Scotia from C$71.00 to C$73.00. They now have a “sector perform” rating on the stock.
• 7/17/2026 – Canadian Natural Resources was given a new C$70.00 price target by Desjardins. They now have a “hold” rating on the stock.
• 7/15/2026 – Canadian Natural Resources had its price target lowered by Royal Bank Of Canada from C$80.00 to C$79.00.
• 6/29/2026 – Canadian Natural Resources was upgraded by Gerdes Energy Research from “neutral” to “buy”. They now have a C$69.00 price target on the stock, up from C$67.00.
• 6/26/2026 – Canadian Natural Resources was upgraded by Scotiabank to “hold”.

Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company’s portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.