Canadian Natural Resources Limited Downgraded by CIBC to “Sector Performer” (CNQ) - InvestingChannel

Canadian Natural Resources Limited Downgraded by CIBC to “Sector Performer” (CNQ)

Canadian Natural Resources Limited (TSE: CNQ) Canadian Natural Resources Limited traded down 0.12% on Friday, hitting $32.06. Canadian Natural Resources Limited has a 52-week low of $25.58 and a 52-week high of $35.87. The stock?s 50-day moving average is currently $30.7. The company has a market cap of $35.089 billion and a price-to-earnings ratio of 14.86.

A number of other analysts have also recently weighed in on CNQ. Analysts at Socgen raised their price target on shares of Canadian Natural Resources Limited from $33.00 to $37.00 in a research note to investors on Friday. They now have a ?buy? rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Canadian Natural Resources Limited from $34.00 to $36.00 in a research note to investors on Friday. They now have a ?market perform? rating on the stock. Finally, analysts at National Bank of Greece raised their price target on shares of Canadian Natural Resources Limited from $38.00 to $40.00 in a research note to investors on Friday. They now have an ?outperform? rating on the stock. Canadian Natural Resources Limited is a Canadian independent energy company engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas liquids (NGLs), and natural gas production.