Warren Paul Raczynski Sells 7,500 Shares of Canadian Natural Resources Limited (TSE:CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Warren Paul Raczynski sold 7,500 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of C$43.70, for a total transaction of C$327,750.00.

Canadian Natural Resources Stock Performance

Shares of CNQ opened at C$44.40 on Wednesday. The company has a 50-day moving average of C$45.18 and a two-hundred day moving average of C$46.80. The stock has a market cap of C$94.57 billion, a price-to-earnings ratio of 12.65, a PEG ratio of 0.53 and a beta of 1.89. The company has a debt-to-equity ratio of 29.64, a current ratio of 0.88 and a quick ratio of 0.54. Canadian Natural Resources Limited has a one year low of C$40.02 and a one year high of C$56.49.

Analyst Upgrades and Downgrades

Several research firms recently commented on CNQ. Gerdes Energy Research upgraded Canadian Natural Resources from a “neutral” rating to a “buy” rating in a research report on Monday, December 16th. CIBC upped their price objective on shares of Canadian Natural Resources from C$57.50 to C$59.00 in a report on Wednesday, October 9th. Royal Bank of Canada dropped their price target on shares of Canadian Natural Resources from C$63.00 to C$62.00 in a research report on Tuesday, January 14th. National Bankshares increased their price objective on shares of Canadian Natural Resources from C$52.00 to C$53.00 and gave the company a “sector perform” rating in a report on Tuesday, October 8th. Finally, TD Securities set a C$58.00 price objective on shares of Canadian Natural Resources and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Canadian Natural Resources presently has a consensus rating of “Moderate Buy” and a consensus target price of C$71.44.

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).