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 bought 942 shares of Canadian Natural Resources stock in a transaction that occurred on Monday, January 6th. The shares were bought at an average cost of C$46.46 per share, with a total value 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 stock was sold at an average price of C$47.04, for a total transaction of C$301,056.00.

Canadian Natural Resources Trading Down 0.2 %

Shares of CNQ stock opened at C$46.91 on Friday. 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 fifty-two week low of C$40.02 and a fifty-two week high of C$56.49. The company has a market cap of C$99.92 billion, a PE ratio of 13.36, a P/E/G ratio of 0.53 and a beta of 1.89. The stock’s fifty day moving average price is C$46.03 and its two-hundred day moving average price is C$47.25.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on CNQ shares. Raymond James increased their target price on Canadian Natural Resources from C$50.00 to C$51.00 and gave the stock a “market perform” rating in a research note on Friday, November 1st. CIBC lifted their target price on Canadian Natural Resources from C$57.50 to C$59.00 in a report on Wednesday, October 9th. Gerdes Energy Research raised shares of Canadian Natural Resources from a “neutral” rating to a “buy” rating in a research report on Monday, December 16th. National Bankshares boosted 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, ATB Capital raised their target price 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. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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).