Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) had its target price raised by equities researchers at TD Securities from C$49.00 to C$51.00 in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the stock. TD Securities’ price objective indicates a potential upside of 10.85% from the company’s previous close.

A number of other research firms also recently commented on CNQ. National Bank Financial reiterated an “outperform” rating and issued a C$52.00 target price on shares of Canadian Natural Resources Limited in a research report on Friday. GMP Securities boosted their target price on Canadian Natural Resources Limited from C$52.00 to C$56.00 in a research report on Friday. Royal Bank Of Canada boosted their target price on Canadian Natural Resources Limited from C$50.00 to C$51.00 and gave the stock a “top pick” rating in a research report on Friday. J P Morgan Chase & Co upped their price objective on Canadian Natural Resources Limited from C$47.00 to C$48.00 in a research report on Friday. Finally, Canaccord Genuity upped their price objective on Canadian Natural Resources Limited from C$47.00 to C$48.00 in a research report on Wednesday, September 6th. Eight equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of C$50.00.

Canadian Natural Resources Limited (TSE:CNQ) traded up C$0.74 during trading hours on Friday, hitting C$46.01. The company had a trading volume of 3,140,000 shares, compared to its average volume of 1,970,000. Canadian Natural Resources Limited has a 12 month low of C$35.90 and a 12 month high of C$46.74.

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In other news, insider Allan E. Frankiw sold 1,000 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of C$38.77, for a total value of C$38,770.00. Also, insider Corey B. Bieber sold 2,000 shares of the stock in a transaction that occurred on Friday, September 22nd. The stock was sold at an average price of C$42.34, for a total value of C$84,680.00. Over the last quarter, insiders sold 178,331 shares of company stock worth $7,223,721.

About Canadian Natural Resources Limited

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company’s segments include Exploration and Production, Oil Sands Mining and Upgrading, and Midstream. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas.

Analyst Recommendations for Canadian Natural Resources Limited (TSE:CNQ)

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