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Canadian Natrl Res (NYSE:CNQ) was downgraded by stock analysts at FirstEnergy Capital from an “outperform” rating to a “market perform” rating in a report issued on Friday, Analyst Ratings Network reports.

Canadian Natrl Res (NYSE:CNQ) traded up 0.41% on Friday, hitting $36.99. 2,288,622 shares of the company’s stock traded hands. Canadian Natrl Res has a one year low of $26.98 and a one year high of $37.53. The stock has a 50-day moving average of $33.42 and a 200-day moving average of $32.10. The company has a market cap of $40.168 billion and a price-to-earnings ratio of 17.91.

Several other analysts have also recently commented on the stock. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of Canadian Natrl Res in a research note on Thursday. Separately, analysts at Macquarie upgraded shares of Canadian Natrl Res from a “neutral” rating to an “outperform” rating in a research note on Thursday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Canadian Natrl Res in a research note on Friday, February 7th. They now have a $36.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. Canadian Natrl Res has a consensus rating of “Hold” and a consensus price target of $38.45.

Canadian Natural Resources Limited (NYSE:CNQ) is an independent crude oil and natural gas exploration, development and production company.

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