Troy John Peter Andersen Sells 19,000 Shares of Canadian Natural Resources Limited (TSE:CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Troy John Peter Andersen sold 19,000 shares of the firm’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of C$47.45, for a total value of C$901,607.00.

Canadian Natural Resources Price Performance

Canadian Natural Resources stock opened at C$47.27 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.54 and a debt-to-equity ratio of 29.64. The firm has a market capitalization of C$100.69 billion, a P/E ratio of 13.47, a PEG ratio of 0.53 and a beta of 1.89. The business has a 50-day moving average of C$46.03 and a 200-day moving average of C$47.24. Canadian Natural Resources Limited has a 1 year low of C$40.02 and a 1 year high of C$56.49.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CNQ. Gerdes Energy Research upgraded Canadian Natural Resources from a “neutral” rating to a “buy” rating in a report on Monday, December 16th. CIBC raised their price objective on shares of Canadian Natural Resources from C$57.50 to C$59.00 in a research report on Wednesday, October 9th. ATB Capital upped 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 research report on Tuesday, October 8th. National Bankshares raised their price target 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, Raymond James upped their price objective on Canadian Natural Resources from C$50.00 to C$51.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average 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).