Canadian Natural Resources Limited Given New C$37.50 Price Target at Raymond James (CNQ)
Analysts at Raymond James cut their price objective on shares of Canadian Natural Resources Limited (TSE:CNQ) from C$38.00 to C$37.50 in a research report issued to clients and investors on Friday, AnalystRatingsNetwork reports. Raymond James’ price objective indicates a potential upside of 6.81% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity raised their price target on shares of Canadian Natural Resources Limited from C$42.00 to C$45.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Desjardins initiated coverage on shares of Canadian Natural Resources Limited in a research note to investors on Monday, November 25th. They set a “buy” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Canadian Natural Resources Limited from C$40.00 to C$41.00 in a research note to investors on Friday, November 8th. They now have an “outperform” rating on the stock. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of C$38.27.
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 (TSE:CNQ), 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.