Canadian Natural Resources Limited (TSE:CNQ) Director Sells C$139,761.00 in Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Stephen W. Laut sold 3,180 shares of the stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of C$43.95, for a total value of C$139,761.00.

Stephen W. Laut also recently made the following trade(s):

• On Monday, January 6th, Stephen W. Laut purchased 942 shares of Canadian Natural Resources stock. The stock was purchased at an average cost of C$46.46 per share, for a total transaction of C$43,765.32.
• On Tuesday, November 19th, Stephen W. Laut sold 6,400 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$47.04, for a total value of C$301,056.00.

Canadian Natural Resources Price Performance

TSE:CNQ opened at C$42.90 on Thursday. The company has a market capitalization of C$91.38 billion, a P/E ratio of 12.22, a P/E/G ratio of 0.53 and a beta of 1.89. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 29.64. 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 fifty day moving average is C$44.79 and its two-hundred day moving average is C$46.60.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on CNQ shares. BMO Capital Markets lowered their target price on shares of Canadian Natural Resources from C$60.00 to C$58.00 in a research note on Friday, December 13th. Royal Bank of Canada lowered their price target on shares of Canadian Natural Resources from C$63.00 to C$62.00 in a research report on Tuesday, January 14th. Wells Fargo & Company increased their price objective on shares of Canadian Natural Resources from C$48.00 to C$50.00 in a report on Monday, December 9th. Jefferies Financial Group decreased their target price on shares of Canadian Natural Resources from C$54.00 to C$50.00 in a research note on Thursday, January 30th. Finally, TD Securities set a C$58.00 price target on Canadian Natural Resources and gave the company a “buy” rating in a research report on Tuesday, December 3rd. Six 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, Canadian Natural Resources currently has an average rating of “Moderate Buy” and an average target price of C$71.44.

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).