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Canadian Natural Resource (NYSE:CNQ) has received an average recommendation of “Hold” from the eighteen ratings firms that are covering the stock, StockRatingsNetwork reports. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $39.86.

Canadian Natural Resource (NYSE:CNQ) traded up 0.22% during mid-day trading on Monday, hitting $40.54. 166,435 shares of the company’s stock traded hands. Canadian Natural Resource has a 52 week low of $26.98 and a 52 week high of $41.19. The stock has a 50-day moving average of $38.53 and a 200-day moving average of $34.47. The company has a market cap of $44.222 billion and a P/E ratio of 19.08.

Canadian Natural Resource (NYSE:CNQ) last posted its quarterly earnings results on Thursday, March 6th. The company reported $0.52 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.52. During the same quarter in the previous year, the company posted $0.33 earnings per share. Analysts expect that Canadian Natural Resource will post $3.41 EPS for the current fiscal year.

CNQ has been the subject of a number of recent research reports. Analysts at CIBC reiterated a “sector perform” rating on shares of Canadian Natural Resource in a research note on Tuesday, April 15th. They now have a $52.00 price target on the stock. Separately, analysts at FirstEnergy Capital upgraded shares of Canadian Natural Resource from a “market perform” rating to an “outperform” rating in a research note on Thursday, March 27th. Finally, analysts at Morgan Stanley initiated coverage on shares of Canadian Natural Resource in a research note on Wednesday, March 19th. They set an “overweight” rating and a $36.44 price target on the stock.

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 (NYSE:CNQ), and natural gas production.

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