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

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 stock was sold at an average price of C$47.45, for a total transaction of C$901,607.00.

Canadian Natural Resources Price Performance

Shares of CNQ stock traded up C$0.50 during midday trading on Friday, reaching C$47.41. 2,457,761 shares of the company were exchanged, compared to its average volume of 6,296,210. 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 market cap of C$100.98 billion, a P/E ratio of 13.51, a PEG ratio of 0.53 and a beta of 1.89. The company’s 50 day moving average price is C$46.03 and its two-hundred day moving average price is C$47.25. The company has a debt-to-equity ratio of 29.64, a quick ratio of 0.54 and a current ratio of 0.88.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Royal Bank of Canada raised their price objective on shares of Canadian Natural Resources from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Raymond James lifted their price target on shares of Canadian Natural Resources from C$50.00 to C$51.00 and gave the company a “market perform” rating in a report on Friday, November 1st. National Bankshares lifted 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. Desjardins raised shares of Canadian Natural Resources from a “hold” rating to a “buy” rating and lifted their price target for the company from C$56.00 to C$59.00 in a report on Tuesday, October 8th. Finally, CIBC lifted their price target on shares of Canadian Natural Resources from C$57.50 to C$59.00 in a report on Wednesday, October 9th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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).