Mark Allen Stainthorpe Sells 81,000 Shares of Canadian Natural Resources Limited (TSE:CNQ) Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Senior Officer Mark Allen Stainthorpe sold 81,000 shares of the firm’s stock in a transaction on 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 Trading Down 1.8 %

TSE:CNQ opened at C$44.33 on Friday. The firm has a market cap 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. The stock has a fifty day moving average price of C$45.88 and a 200 day moving average price of C$47.19. Canadian Natural Resources Limited has a 12-month low of C$40.02 and a 12-month high of C$56.49. The company has a current ratio of 0.88, a quick ratio of 0.54 and a debt-to-equity ratio of 29.64.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Gerdes Energy Research raised Canadian Natural Resources from a “neutral” rating to a “buy” rating in a research note on Monday, December 16th. Raymond James raised their price target on Canadian Natural Resources from C$50.00 to C$51.00 and gave the stock a “market perform” rating in a research report 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. BMO Capital Markets lowered their price target on Canadian Natural Resources from C$60.00 to C$58.00 in a research report on Friday, December 13th. Finally, Desjardins upgraded Canadian Natural Resources from a “hold” rating to a “buy” rating and raised their price target for the stock from C$56.00 to C$59.00 in a research report on Tuesday, October 8th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus 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).