Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) had its price objective boosted by investment analysts at Royal Bank Of Canada from C$50.00 to C$51.00 in a research note issued on Friday. The firm presently has a “top pick” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 10.85% from the company’s previous close.

CNQ has been the subject of several other research reports. National Bank Financial upped their price objective on shares of Canadian Natural Resources Limited from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research note on Wednesday, September 6th. Barclays PLC decreased their price objective on shares of Canadian Natural Resources Limited from C$50.00 to C$34.00 in a research note on Thursday, July 6th. Canaccord Genuity upped their price objective on shares of Canadian Natural Resources Limited from C$47.00 to C$48.00 in a research note on Wednesday, September 6th. Finally, CIBC decreased their price objective on shares of Canadian Natural Resources Limited from C$55.00 to C$50.00 in a research note on Thursday, July 20th. Eight research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of C$50.00.

Canadian Natural Resources Limited (TSE CNQ) traded up C$0.74 during midday trading on Friday, reaching C$46.01. 3,140,000 shares of the company’s stock traded hands, compared to its average volume of 1,970,000. Canadian Natural Resources Limited has a one year low of C$35.90 and a one year high of C$46.74.

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In related news, insider Betty Yee sold 3,800 shares of the stock in a transaction dated Friday, October 6th. The shares were sold at an average price of C$41.27, for a total transaction of C$156,826.00. Also, insider Darren Fichter sold 3,000 shares of the stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of C$40.92, for a total transaction of C$122,760.00. Insiders have sold 178,331 shares of company stock valued at $7,223,721 over the last three months.

Canadian Natural Resources Limited Company Profile

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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