Canadian Natural Resources Limited (TSE:CNQ) Director Sells C$139,761.00 in Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Stephen W. Laut sold 3,180 shares of the stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of C$43.95, for a total value of C$139,761.00.

Stephen W. Laut also recently made the following trade(s):

• On Monday, January 6th, Stephen W. Laut purchased 942 shares of Canadian Natural Resources stock. The stock was bought at an average price of C$46.46 per share, with a total value of C$43,765.32.
• On Tuesday, November 19th, Stephen W. Laut sold 6,400 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$47.04, for a total value of C$301,056.00.

Canadian Natural Resources Stock Up 0.6 %

TSE:CNQ opened at C$44.18 on Wednesday. The stock has a market capitalization of C$94.10 billion, a price-to-earnings ratio of 12.59, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 29.64. Canadian Natural Resources Limited has a 52 week low of C$40.02 and a 52 week high of C$56.49. The stock’s fifty day moving average is C$44.87 and its two-hundred day moving average is C$46.62.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CNQ. BMO Capital Markets dropped their price target on Canadian Natural Resources from C$60.00 to C$58.00 in a research report on Friday, December 13th. Royal Bank of Canada dropped their price target on Canadian Natural Resources from C$63.00 to C$62.00 in a research report on Tuesday, January 14th. Wells Fargo & Company increased their price objective on Canadian Natural Resources from C$48.00 to C$50.00 in a research report on Monday, December 9th. Raymond James increased their price objective on Canadian Natural Resources from C$50.00 to C$51.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Finally, TD Securities set a C$58.00 price objective on Canadian Natural Resources and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$71.44.

About Canadian Natural Resources

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).