Insider Selling: Canadian Natural Resources Limited (TSE:CNQ) Director Sells C$139,761.00 in Stock

Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) Director Stephen W. Laut sold 3,180 shares of the stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of C$43.95, for a total value of C$139,761.00.

Stephen W. Laut also recently made the following trade(s):

• On Monday, January 6th, Stephen W. Laut bought 942 shares of Canadian Natural Resources stock. The stock was purchased at an average price of C$46.46 per share, for a total transaction of C$43,765.32.
• On Tuesday, November 19th, Stephen W. Laut sold 6,400 shares of Canadian Natural Resources stock. The shares were sold at an average price of C$47.04, for a total transaction of C$301,056.00.

Canadian Natural Resources Stock Down 2.9 %

Canadian Natural Resources stock opened at C$42.90 on Thursday. Canadian Natural Resources Limited has a 12 month low of C$40.02 and a 12 month high of C$56.49. The stock has a market capitalization of C$91.38 billion, a PE ratio of 12.22, a price-to-earnings-growth ratio of 0.53 and a beta of 1.89. The company has a debt-to-equity ratio of 29.64, a current ratio of 0.88 and a quick ratio of 0.54. The business has a 50 day simple moving average of C$44.79 and a 200-day simple moving average of C$46.60.

Analyst Upgrades and Downgrades

CNQ has been the subject of several recent research reports. Raymond James raised their target price on shares of Canadian Natural Resources from C$50.00 to C$51.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Wells Fargo & Company increased their price target on Canadian Natural Resources from C$48.00 to C$50.00 in a research report on Monday, December 9th. Gerdes Energy Research raised Canadian Natural Resources from a “neutral” rating to a “buy” rating in a report on Monday, December 16th. Jefferies Financial Group dropped their target price on Canadian Natural Resources from C$54.00 to C$50.00 in a report on Thursday, January 30th. Finally, Royal Bank of Canada reduced their price target on Canadian Natural Resources from C$63.00 to C$62.00 in a research report on Tuesday, January 14th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Canadian Natural Resources currently has a consensus rating of “Moderate Buy” and an average price target of C$71.44.

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).