Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Devin Craig Lowe Sells 7,500 Shares

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Devin Craig Lowe sold 7,500 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of C$46.37, for a total transaction of C$347,775.00.

Canadian Natural Resources Price Performance

Canadian Natural Resources stock traded up C$0.57 during trading on Tuesday, reaching C$46.80. The company had a trading volume of 1,202,904 shares, compared to its average volume of 6,586,569. The firm has a market capitalization of C$99.68 billion, a PE ratio of 13.33, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. The firm’s 50-day simple moving average is C$46.07 and its 200 day simple moving average is C$47.24. 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 1-year low of C$40.02 and a 1-year high of C$56.49.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Wells Fargo & Company upped their price target on shares of Canadian Natural Resources from C$48.00 to C$50.00 in a research note on Monday, December 9th. Royal Bank of Canada raised their target price on Canadian Natural Resources from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. TD Securities set a C$58.00 price target on Canadian Natural Resources and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. National Bankshares increased their price objective on 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, ATB Capital lifted their target price on 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. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$71.94.

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).