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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Bed Bath & Beyond Is Circling the Drain
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Bed Bath & Beyond Is Circling the Drain
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Bed Bath & Beyond Is Circling the Drain
Institutions are Buying up Procter & Gamble Shares, Should you?
NYSE:CNQ

Canadian Natural Resources - CNQ Price Target & Analyst Ratings

$59.20
-2.24 (-3.65%)
(As of 02/1/2023 12:00 AM ET)
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Compare
Today's Range
$58.55
$61.22
50-Day Range
$52.00
$62.13
52-Week Range
$44.45
$70.60
Volume
2.90 million shs
Average Volume
2.19 million shs
Market Capitalization
$65.29 billion
P/E Ratio
7.35
Dividend Yield
4.19%
Price Target
$91.23

Canadian Natural Resources Consensus Rating and Price Target (2023)

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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 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.

Consensus Analyst Rating

Moderate Buy
Based on 9 Analyst Ratings

Consensus Analyst Price Target

$82.67
39.64% Upside
High Prediction$100.00
Average Prediction$82.67
Low Prediction$69.00
TypeCurrent
2/2/22 to 2/2/23
1 Month Ago
1/3/22 to 1/3/23
3 Months Ago
11/4/21 to 11/4/22
1 Year Ago
2/2/21 to 2/2/22
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
12 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$82.67$82.67$79.25$50.93
Predicted Upside39.64% Upside50.01% Upside49.98% Upside36.49% Upside
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CNQ Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CNQ Price Targets 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Canadian Natural Resources Stock vs. The Competition

TypeCanadian Natural ResourcesOils/Energy CompaniesS&P 500
Consensus Rating Score
2.56
2.61
2.46
Consensus RatingModerate BuyBuyHold
Predicted Upside39.64% Upside109.88% Upside8.16% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/17/2023Scotiabank
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 Lower TargetC$91.00 ➝ C$86.00
1/12/2023Stifel Firstegy
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M. Dunn
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Reiterated RatingBuy
1/12/2023Stifel Nicolaus
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 Initiated CoverageBuy
12/1/2022TD Securities
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 Boost TargetC$92.00 ➝ C$97.00
12/1/2022National Bank Financial
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 Boost TargetC$88.00 ➝ C$105.00
11/21/2022The Goldman Sachs Group
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 UpgradeNeutral ➝ Buy$62.00 ➝ $69.00+15.54%
11/4/2022Raymond James
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 Boost TargetC$85.00 ➝ C$87.00
10/19/2022Jefferies Financial Group
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 Initiated CoverageHold
8/11/2022Credit Suisse Group
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 Reiterated RatingNeutral
7/19/2022Bank of America
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 UpgradeNeutral ➝ Buy$100.00+104.88%
5/6/2022BMO Capital Markets
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 Boost TargetC$92.00 ➝ C$95.00
4/14/2022CIBC
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 Boost TargetC$80.00 ➝ C$90.00
3/31/2022Royal Bank of Canada
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 Boost TargetC$80.00 ➝ C$85.00
3/11/2022Wells Fargo & Company
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 Boost TargetEqual Weight$61.00 ➝ $79.00+31.19%
3/7/2022Desjardins
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 Boost TargetC$75.00 ➝ C$85.00
12/9/2021JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral$62.00 ➝ $66.00+53.24%
10/7/2021Morgan Stanley
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 Initiated CoverageEqual Weight$53.00+38.31%
7/16/2021Barclays
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 Boost TargetOverweightC$48.00 ➝ C$51.00
5/7/2021Tudor Pickering
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 Reiterated RatingBuy
6/29/2020UBS Group
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 Boost TargetBuy$28.00 ➝ $37.00+110.59%
6/17/2020Deutsche Bank Aktiengesellschaft
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 Boost TargetPositive ➝ Hold$84.00 ➝ $92.00+422.43%
5/1/2020Evercore ISI
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Stephen Richardson
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UpgradeIn-Line ➝ Outperform$30.00+79.00%
(Data available from 2/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












CNQ Price Target - Frequently Asked Questions

What is Canadian Natural Resources's consensus rating and price target?

According to the issued ratings of 9 analysts in the last year, the consensus rating for Canadian Natural Resources stock is Moderate Buy based on the current 4 hold ratings and 5 buy ratings for CNQ. The average twelve-month price prediction for Canadian Natural Resources is $82.67 with a high price target of $100.00 and a low price target of $69.00. Learn more on CNQ's analyst rating history.

Do Wall Street analysts like Canadian Natural Resources more than its competitors?

Analysts like Canadian Natural Resources less than other Oils/Energy companies. The consensus rating for Canadian Natural Resources is Moderate Buy while the average consensus rating for oils/energy companies is Buy. Learn more on how CNQ compares to other companies.

Is Canadian Natural Resources being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, Canadian Natural Resources's stock had 1 upgrade and 1 downgrade by analysts.

Does Canadian Natural Resources's stock price have much upside?

According to analysts, Canadian Natural Resources's stock has a predicted upside of 46.96% based on their 12-month price targets.

What analysts cover Canadian Natural Resources?

Canadian Natural Resources has been rated by National Bank Financial, Raymond James, Scotiabank, Stifel Firstegy, Stifel Nicolaus, TD Securities, and The Goldman Sachs Group in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:CNQ) was last updated on 2/2/2023 by MarketBeat.com Staff