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Canadian Natural Resources Price Target & Analyst Ratings (NYSE:CNQ)

+1.30 (+4.64 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
Now: $29.33
50-Day Range
MA: $27.09
52-Week Range
Now: $29.33
Volume3.39 million shs
Average Volume2.74 million shs
Market Capitalization$34.74 billion
P/E Ratio13.64
Dividend Yield4.03%

Analyst Ratings

Canadian Natural Resources (NYSE:CNQ) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
18 Wall Street analysts have issued ratings and price targets for Canadian Natural Resources in the last 12 months. Their average twelve-month price target is $40.76, suggesting that the stock has a possible upside of 38.97%. The high price target for CNQ is $53.00 and the low price target for CNQ is $27.83. There are currently 1 sell rating, 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.612.632.672.81
Ratings Breakdown: 1 Sell Rating(s)
5 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $40.76$41.48$43.43$42.48
Price Target Upside: 38.97% upside63.96% upside78.63% upside50.00% upside

Canadian Natural Resources (NYSE:CNQ) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Canadian Natural Resources (NYSE:CNQ) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/12/2019CIBCBoost Price TargetBuy$46.00 ➝ $48.00Low
10/18/2019Royal Bank of CanadaLower Price TargetBuy$45.00 ➝ $42.00Low
10/8/2019Tudor PickeringDowngradeBuy ➝ HoldHigh
10/2/2019National Bank FinancialDowngradeOutperform ➝ Sector PerformHigh
9/27/2019Goldman Sachs GroupSet Price TargetHold$29.00High
9/10/2019Credit Suisse GroupSet Price TargetBuy$48.00N/A
9/6/2019Wells Fargo & CoDowngradeMarket Perform ➝ UnderperformLow
7/9/2019Canaccord GenuityReiterated RatingBuy$53.00Low
5/10/2019Raymond JamesReiterated RatingBuyHigh
4/25/2019Edward JonesDowngradeBuy ➝ HoldLow
4/3/2019Evercore ISIUpgradeIn-Line ➝ Outperform$27.83Low
4/2/2019ScotiabankReiterated RatingBuyLow
3/11/2019MizuhoInitiated CoverageBuy ➝ Buy$45.00Low
1/29/2019Morgan StanleyReiterated RatingBuyMedium
1/7/2019BMO Capital MarketsReiterated RatingAverage ➝ Buy$45.00Low
12/10/2018GMP SecuritiesReiterated RatingBuyMedium
12/7/2018TD SecuritiesReiterated RatingBuyLow
12/7/2018CitigroupLower Price TargetNeutral ➝ Neutral$38.00 ➝ $29.00Medium
12/4/2018MacquarieUpgradeNeutral ➝ OutperformMedium
3/7/2018UBS GroupInitiated CoverageBuyLow
1/15/2018AltaCorp CapitalReiterated RatingBuy$52.00Low
(Data available from 12/7/2017 forward)
This page was last updated on 12/7/2019 by MarketBeat.com Staff

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