Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) had its price objective boosted by Canaccord Genuity from C$47.00 to C$48.00 in a report published on Wednesday.

Other research analysts also recently issued reports about the stock. National Bank Financial boosted their price objective on shares of Canadian Natural Resources Limited from C$47.00 to C$49.00 and gave the company an outperform rating in a research report on Friday, August 4th. CIBC lowered their price objective on shares of Canadian Natural Resources Limited from C$55.00 to C$50.00 in a research report on Thursday, July 20th. TD Securities boosted their price objective on shares of Canadian Natural Resources Limited from C$50.00 to C$54.00 and gave the company a buy rating in a research report on Monday, June 5th. Barclays PLC lowered their price objective on shares of Canadian Natural Resources Limited from C$50.00 to C$34.00 in a research report on Thursday, July 6th. Finally, Royal Bank Of Canada restated a top pick rating and set a C$59.00 price objective on shares of Canadian Natural Resources Limited in a research report on Monday, June 5th. Eight investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of C$50.50.

Shares of Canadian Natural Resources Limited (CNQ) opened at 39.18 on Wednesday. Canadian Natural Resources Limited has a 52-week low of $35.90 and a 52-week high of $46.74. The company has a market capitalization of $47.61 billion and a price-to-earnings ratio of 28.15. The company’s 50-day moving average price is $38.92 and its 200-day moving average price is $40.40.

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The business also recently announced a quarterly dividend, which will be paid on Sunday, October 1st. Shareholders of record on Friday, September 15th will be paid a dividend of $0.275 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.81%.

In other Canadian Natural Resources Limited news, Director Norman Murray Edwards sold 50,000 shares of the business’s stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of C$37.55, for a total transaction of C$1,877,500.00. Also, insider Allan E. Frankiw sold 1,000 shares of the business’s stock in a transaction on Friday, September 8th. The stock was sold at an average price of C$39.32, for a total transaction of C$39,320.00. In the last ninety days, insiders have sold 91,750 shares of company stock worth $3,491,155.

Canadian Natural Resources Limited Company Profile

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company’s segments include Exploration and Production, Oil Sands Mining and Upgrading, and Midstream. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas.

Analyst Recommendations for Canadian Natural Resources Limited (TSE:CNQ)

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