Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) had its target price raised by equities researchers at J P Morgan Chase & Co from C$47.00 to C$48.00 in a research report issued to clients and investors on Friday. J P Morgan Chase & Co’s price objective would indicate a potential upside of 4.33% from the company’s current price.

CNQ has been the topic of a number of other reports. National Bank Financial restated an “outperform” rating and set a C$52.00 target price on shares of Canadian Natural Resources Limited in a research report on Friday. Royal Bank Of Canada raised their target price on Canadian Natural Resources Limited from C$50.00 to C$51.00 and gave the company a “top pick” rating in a research report on Friday. Barclays PLC dropped their target price on Canadian Natural Resources Limited from C$50.00 to C$34.00 in a research report on Thursday, July 6th. Canaccord Genuity raised their target price on Canadian Natural Resources Limited from C$47.00 to C$48.00 in a research report on Wednesday, September 6th. Finally, CIBC dropped their target price on Canadian Natural Resources Limited from C$55.00 to C$50.00 in a research report on Thursday, July 20th. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Canadian Natural Resources Limited currently 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 stock had a trading volume of 3,140,000 shares, compared to its average volume of 1,970,000. Canadian Natural Resources Limited has a 52-week low of C$35.90 and a 52-week high of C$46.74.

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In other news, Director Norman Murray Edwards sold 99,714 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of C$40.37, for a total transaction of C$4,025,454.18. Also, insider Darren Fichter sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of C$40.92, for a total value of C$122,760.00. 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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