Canadian Natural Resources Limited (CNQ)
(Delayed Data from NYSE)
$77.07 USD
+1.30 (1.72%)
Updated May 17, 2024 04:00 PM ET
After-Market: $77.08 +0.01 (0.01%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth B Momentum C VGM
Canadian Natural Resources (CNQ) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$79.81 | $92.24 | $64.50 | 5.33% |
Price Target
Based on short-term price targets offered by 16 analysts, the average price target for Canadian Natural Resources comes to $79.81. The forecasts range from a low of $64.50 to a high of $92.24. The average price target represents an increase of 5.33% from the last closing price of $75.77.
Analyst Price Targets (16)
Broker Rating
Canadian Natural Resources currently has an average brokerage recommendation (ABR) of 2.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms. The current ABR compares to an ABR of 1.94 a month ago based on 17 recommendations.
Of the 17 recommendations deriving the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 47.06% and 5.88% of all recommendations. A month ago, Strong Buy made up 47.06%, while Buy represented 11.76%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 8 | 8 | 9 |
Buy | 1 | 1 | 2 | 2 | 2 |
Hold | 8 | 8 | 7 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.00 | 2.00 | 1.94 | 1.94 | 1.89 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
5/3/2024 | TD Securities | Menno Hulshof | Strong Buy | Strong Buy |
4/23/2024 | Desjardins Securities | Chris Macculloch | Moderate Buy | Hold |
4/22/2024 | CIBC World Markets Corp. | Dennis Fong | Strong Buy | Strong Buy |
3/20/2024 | ATB Capital Markets | Patrick J O'Rourke | Strong Buy | Strong Buy |
3/1/2024 | BMO Capital Markets | Randy Ollenberger | Strong Buy | Strong Buy |
3/1/2024 | Scotiabank | Jason D Bouvier | Hold | Hold |
3/1/2024 | National Bank Financial | Travis Wood | Hold | Hold |
3/1/2024 | Evercore Partners | Stephen Richardson | Hold | Hold |
1/4/2024 | Tudor Pickering Holt & Co. | Jeoffrey R Lambujon | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.00 |
ABR (Last week) | 2.00 |
# of Recs in ABR | 17 |
Average Target Price | $81.30 |
LT Growth Rate | NA |
Industry | Oil and Gas - Exploration and Production - Canadian |
Industry Rank by ABR | 198 of 252 |
Current Quarter EPS Est: | 1.31 |