Insider Selling: Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells 81,000 Shares of Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Mark Allen Stainthorpe sold 81,000 shares of Canadian Natural Resources stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of C$44.98, for a total value of C$3,643,380.00.

Canadian Natural Resources Stock Performance

Shares of CNQ stock opened at C$44.33 on Friday. The stock has a market capitalization of C$94.42 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. 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 50-day moving average price is C$45.88 and its 200 day moving average price is C$47.19. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 29.64.

Analyst Ratings Changes

A number of analysts have issued reports on CNQ shares. National Bankshares lifted their price target on Canadian Natural Resources from C$52.00 to C$53.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 8th. ATB Capital lifted their price target 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. Jefferies Financial Group lifted their target price on Canadian Natural Resources from C$49.00 to C$57.00 in a research report on Friday, October 11th. Royal Bank of Canada cut their target price on Canadian Natural Resources from C$63.00 to C$62.00 in a research report on Tuesday. Finally, Wells Fargo & Company lifted their target price on Canadian Natural Resources from C$48.00 to C$50.00 in a research report on Monday, December 9th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$71.88.

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).