Canadian Natural Resources (TSE:CNQ) Rating Lowered to “In-Line” at Evercore Partners

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) was downgraded by stock analysts at Evercore Partners from an “outperform” rating to an “in-line” rating in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. They currently have a C$50.00 target price on the stock. Evercore Partners’ price target indicates a potential upside of 17.98% from the stock’s previous close.

A number of other equities research analysts also recently commented on the company. Scotiabank lifted their price objective on Canadian Natural Resources from C$54.00 to C$58.00 and gave the company an “outperform” rating in a research report on Thursday, October 9th. Wells Fargo & Company set a C$47.00 price objective on Canadian Natural Resources and gave the company an “equal weight” rating in a research note on Friday, October 17th. TD Securities raised their price objective on Canadian Natural Resources from C$53.00 to C$54.00 in a research note on Monday, November 10th. National Bankshares raised their target price on Canadian Natural Resources from C$45.00 to C$48.00 and gave the company a “sector perform” rating in a research note on Friday, November 7th. Finally, Raymond James Financial boosted their price target on Canadian Natural Resources from C$55.00 to C$56.00 in a research report on Monday, November 10th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of C$53.90.

Canadian Natural Resources Price Performance

Shares of TSE CNQ opened at C$42.38 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.54 and a debt-to-equity ratio of 25.79. The company’s 50-day moving average price is C$45.76 and its 200 day moving average price is C$44.18. Canadian Natural Resources has a 52 week low of C$34.92 and a 52 week high of C$49.20. The stock has a market cap of C$88.28 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 0.53 and a beta of 0.71.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last issued its quarterly earnings data on Thursday, November 6th. The company reported C$0.86 earnings per share (EPS) for the quarter. Canadian Natural Resources had a return on equity of 19.14% and a net margin of 21.25%.The firm had revenue of C$9.52 billion during the quarter. As a group, research analysts forecast that Canadian Natural Resources will post 3.833989 earnings per share for the current fiscal year.

Trending Headlines about Canadian Natural Resources

Here are the key news stories impacting Canadian Natural Resources this week:

• Positive Sentiment: Zacks Research raised several near‑term and FY2026/27 EPS estimates for CNQ (small increases to Q1–Q4 2026 and FY2026, and to Q1/Q4 and FY2027), signaling modestly improved analyst earnings outlooks. This is supportive for valuation if realized. Read More.
• Neutral Sentiment: “Canadian Analyst Updates” roundup published Jan. 6 may contain other analyst changes that can influence trading flows, but it’s a general bulletin rather than company‑specific news. Read More.
• Negative Sentiment: Canadian crude prices plunged, extending a selloff in Canadian oil names — lower realized commodity prices pressure CNQ’s revenues and margins, a primary driver of the stock’s decline. Read More.
• Negative Sentiment: Broader headlines note U.S. actions in Venezuela and related developments that investors see as further compressing oil sands economics, contributing to sector‑wide pressure on CNQ. Read More.
• Negative Sentiment: Analyst rating pressure: Evercore ISI cut CNQ from “strong‑buy” to “hold” and Evercore Partners cut from “outperform” to “in‑line” — rating downgrades can reduce demand from institutional buyers even where price targets remain above current levels. Read More. Read More.
• Negative Sentiment: CNQ’s share price crossed below its 200‑day moving average (technical bearish signal) — this can trigger algorithmic/technical selling and discourage momentum buyers. Read More.

Canadian Natural Resources Company Profile

Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company’s portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.