Devin Craig Lowe Sells 7,500 Shares of Canadian Natural Resources Limited (TSE:CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Devin Craig Lowe sold 7,500 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$46.37, for a total transaction of C$347,775.00.

Canadian Natural Resources Price Performance

Shares of CNQ opened at C$47.01 on Wednesday. The firm has a 50-day simple moving average of C$46.05 and a two-hundred day simple moving average of C$47.24. The company has a debt-to-equity ratio of 29.64, a current ratio of 0.88 and a quick ratio of 0.54. Canadian Natural Resources Limited has a 1-year low of C$40.02 and a 1-year high of C$56.49. The stock has a market cap of C$100.13 billion, a PE ratio of 13.39, a P/E/G ratio of 0.53 and a beta of 1.89.

Analyst Upgrades and Downgrades

CNQ has been the subject of several research reports. Raymond James upped 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 note on Friday, November 1st. BMO Capital Markets dropped their price target on Canadian Natural Resources from C$60.00 to C$58.00 in a research report on Friday, December 13th. TD Securities set a C$58.00 price objective on Canadian Natural Resources and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. National Bankshares upped their target price on Canadian Natural Resources from C$52.00 to C$53.00 and gave the company a “sector perform” rating in a report on Tuesday, October 8th. Finally, Jefferies Financial Group lifted their price target on Canadian Natural Resources from C$49.00 to C$57.00 in a report on Friday, October 11th. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Canadian Natural Resources has an average rating of “Moderate Buy” and a consensus price target 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).