Canadian Natural Resources Limited (TSE:CNQ) Senior Officer Jay Ellery Froc Sells 12,000 Shares

Canadian Natural Resources Limited (TSE:CNQ - Get Free Report) NYSE: CNQ Senior Officer Jay Ellery Froc sold 12,000 shares of the business's stock in a transaction on Friday, June 13th. The shares were sold at an average price of C$45.49, for a total transaction of C$545,880.00.

Jay Ellery Froc also recently made the following trade(s):

• On Monday, March 17th, Jay Ellery Froc sold 4,500 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$42.89, for a total value of C$193,005.00.

Canadian Natural Resources Stock Up 1.8%

Shares of TSE:CNQ traded up C$0.83 during midday trading on Friday, hitting C$45.90. 51,979,415 shares of the stock were exchanged, compared to its average volume of 13,837,695. The company has a debt-to-equity ratio of 25.79, a quick ratio of 0.54 and a current ratio of 0.84. The company has a market capitalization of C$96.33 billion, a PE ratio of 12.74, a P/E/G ratio of 0.53 and a beta of 1.89. The business's fifty day simple moving average is C$41.40 and its two-hundred day simple moving average is C$42.94. Canadian Natural Resources Limited has a 52-week low of C$34.92 and a 52-week high of C$52.15.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Desjardins reduced their price target on Canadian Natural Resources from C$51.00 to C$49.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Scotiabank upgraded Canadian Natural Resources from a "sector perform" rating to an "outperform" rating and set a C$56.00 price objective for the company in a research report on Wednesday, March 19th. National Bankshares dropped their price target 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. CIBC boosted their target price on Canadian Natural Resources from C$59.00 to C$62.00 in a report on Thursday, April 10th. Finally, Evercore ISI upgraded shares of Canadian Natural Resources from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 7th. Five investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$54.25.

About Canadian Natural Resources

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.