Desjardins analyst Chris MacCulloch maintained a Buy rating on Canadian Natural (CNQ – Research Report) on December 15 and set a price target of C$105.00. The company’s shares closed last Friday at $62.40.
MacCulloch covers the Energy sector, focusing on stocks such as Cenovus Energy, Headwater Exploration, and Imperial Oil. According to TipRanks, MacCulloch has an average return of 34.0% and a 40.17% success rate on recommended stocks.
In addition to Desjardins, Canadian Natural also received a Buy from Stifel Nicolaus’s Robert Fitzmartyn in a report issued on December 15. However, on the same day, Scotiabank assigned a Hold rating to Canadian Natural (NYSE: CNQ).
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $67.93 and a one-year low of $46.55. Currently, Canadian Natural has an average volume of 3.3M.
Based on the recent corporate insider activity of 183 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CNQ in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Canadian Natural (CNQ) Company Description:
Founded in 1973, Canadian Natural Resources Ltd. is an oil and natural gas production company. It is engaged in the exploration, development, marketing, and production of crude oil, natural gas, and natural gas liquids (NGLs).
Read More on CNQ:
