Analyst Ratings For Canadian Natural Resource Ltd (NYSE:CNQ)
Today, CIBC initiated coverage on Canadian Natural Resource Ltd (NYSE:CNQ) with a Outperform.
There are 6 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.
The current consensus rating on Canadian Natural Resource Ltd (NYSE:CNQ) is Buy with a consensus target price of $51.85 per share, a potential 59.10% upside.
Some recent analyst ratings include
- 10/5/2018-Canadian Natural Resource Ltd (NYSE:CNQ) has coverage initiated with a Outperform rating
- 9/20/2018-Canadian Natural Resource Ltd (NYSE:CNQ) gets downgraded to Outperform by Royal Bank of Canada with a price target of $38.40
- 6/27/2018-Canadian Natural Resource Ltd (NYSE:CNQ) has coverage initiated with a Inline rating
- 3/7/2018-Canadian Natural Resource Ltd (NYSE:CNQ) has coverage initiated with a Buy rating
- 2/6/2018-Canadian Natural Resource Ltd (NYSE:CNQ) gets downgraded to Market Perform by Wells Fargo & Co
- 1/15/2018-Canadian Natural Resource Ltd (NYSE:CNQ) had its Buy rating reiterated by AltaCorp Capital with a $52.00 price target
About Canadian Natural Resource Ltd (NYSE:CNQ)
Canadian Natural Resources Limited explores for, develops, produces, and markets 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, and synthetic crude oil (SCO). Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2017, the company's gross proved crude oil, bitumen, SCO, and NGLs reserves totaled 7,742 million barrels; gross proved plus probable crude oil, bitumen, SCO, and NGLs reserves totaled 10,263 million barrels; proved natural gas reserves totaled 6,771 billion cubic feet; and gross proved plus probable natural gas reserves totaled 9,619 billion cubic feet. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Côte d'Ivoire, Gabon, and South Africa in Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was founded in 1973 and is headquartered in Calgary, Canada.
Recent Trading Activity for Canadian Natural Resource Ltd (NYSE:CNQ)
Shares of Canadian Natural Resource Ltd closed the previous trading session at 32.59 −0.29 0.88% with 33.1 shares trading hands.