Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Sells C$204,661.76 in Stock

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Dwayne Frederick Giggs sold 4,504 shares of the firm's stock in a transaction dated Friday, June 13th. The shares were sold at an average price of C$45.44, for a total transaction of C$204,661.76.

Dwayne Frederick Giggs also recently made the following trade(s):

• On Thursday, April 10th, Dwayne Frederick Giggs acquired 1,400 shares of Canadian Natural Resources stock. The shares were bought at an average price of C$36.88 per share, with a total value of C$51,631.02.

Canadian Natural Resources Trading Up 1.8%

Canadian Natural Resources stock traded up C$0.83 during trading hours on Friday, reaching C$45.90. 51,979,415 shares of the company's stock were exchanged, compared to its average volume of 13,837,695. The firm has a market capitalization of C$96.33 billion, a PE ratio of 12.74, a PEG ratio of 0.53 and a beta of 1.89. The firm's 50 day simple moving average is C$41.40 and its 200 day simple moving average is C$42.94. The company has a quick ratio of 0.54, a current ratio of 0.84 and a debt-to-equity ratio of 25.79. Canadian Natural Resources Limited has a twelve month low of C$34.92 and a twelve month high of C$52.15.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CNQ. Wells Fargo & Company lifted their price target on shares of Canadian Natural Resources from C$40.00 to C$42.00 in a research report on Thursday, May 22nd. Royal Bank of Canada lifted their price objective on shares of Canadian Natural Resources from C$62.00 to C$63.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. National Bankshares decreased their price objective on shares of Canadian Natural Resources from C$51.00 to C$49.00 and set a "sector perform" rating on the stock in a research note on Friday, March 7th. Evercore ISI raised shares of Canadian Natural Resources from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 7th. Finally, Raymond James upgraded shares of Canadian Natural Resources from a "market perform" rating to an "outperform" rating and lowered their price target for the stock from C$52.00 to C$49.00 in a report on Wednesday, April 9th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$54.25.

Canadian Natural Resources Company Profile

Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company's portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.