Canadian Natural Resources Limited (TSE:CNQ) Director Stephen W. Laut Acquires 942 Shares

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Stephen W. Laut purchased 942 shares of the stock in a transaction dated Monday, January 6th. The stock was acquired at an average cost of C$46.46 per share, for a total transaction of C$43,765.32.

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

• 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 Down 0.0 %

Shares of TSE CNQ opened at C$46.99 on Thursday. The business has a fifty day moving average of C$46.04 and a two-hundred day moving average of C$47.25. The company has a debt-to-equity ratio of 29.64, a quick ratio of 0.54 and a current ratio of 0.88. Canadian Natural Resources Limited has a 52-week low of C$40.02 and a 52-week high of C$56.49. The stock has a market cap of C$100.09 billion, a PE ratio of 13.39, a PEG ratio of 0.53 and a beta of 1.89.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. TD Securities set a C$58.00 price target on Canadian Natural Resources and gave the stock a “buy” rating in a report on Tuesday, December 3rd. Raymond James upped their target price on shares of Canadian Natural Resources from C$50.00 to C$51.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. BMO Capital Markets decreased their price target on shares of Canadian Natural Resources from C$60.00 to C$58.00 in a research report on Friday, December 13th. ATB Capital boosted their price objective on shares of Canadian Natural Resources from C$58.00 to C$60.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. Finally, Wells Fargo & Company increased their target price on shares of Canadian Natural Resources from C$48.00 to C$50.00 in a research note on Monday, December 9th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$71.94.

Canadian Natural Resources Company Profile

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).