Canadian Natural Resources Limited (CNQ)
(Delayed Data from NYSE)
$33.23 USD
-0.56 (-1.66%)
Updated Sep 6, 2024 04:00 PM ET
After-Market: $33.22 -0.01 (-0.03%) 6:12 PM ET
3-Hold of 5 3
C Value B Growth F Momentum C VGM
Canadian Natural Resources (CNQ) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$40.82 | $46.01 | $35.04 | 20.80% |
Price Target
Based on short-term price targets offered by 16 analysts, the average price target for Canadian Natural Resources comes to $40.82. The forecasts range from a low of $35.04 to a high of $46.01. The average price target represents an increase of 20.8% from the last closing price of $33.79.
Analyst Price Targets (16)
Broker Rating
Canadian Natural Resources currently has an average brokerage recommendation (ABR) of 2.17 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 18 brokerage firms. The current ABR compares to an ABR of 2.17 a month ago based on 18 recommendations.
Of the 18 recommendations deriving the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 38.89% and 5.56% of all recommendations. A month ago, Strong Buy made up 38.89%, while Buy represented 5.56%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/CNQ.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 7 | 7 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 10 | 10 | 10 | 9 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.17 | 2.17 | 2.17 | 2.12 | 2.12 |
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 |
---|---|---|---|---|
8/2/2024 | TD Securities | Menno Hulshof | Strong Buy | Strong Buy |
8/2/2024 | Desjardins Securities | Chris Macculloch | Hold | Hold |
8/1/2024 | Wells Fargo Securities | Roger D Read | Hold | Hold |
7/18/2024 | Not Identified | Not Identified | Not Available | Hold |
7/15/2024 | Not Identified | Not Identified | Hold | Hold |
6/30/2024 | Goldman Sachs | Neil S Mehta | Strong Buy | Strong Buy |
6/20/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
6/11/2024 | Scotiabank | Jason D Bouvier | Hold | Hold |
5/28/2024 | Raymond James Ltd. | Michael Barth | Not Available | Hold |
4/22/2024 | CIBC World Markets Corp. | Dennis Fong | Strong Buy | Strong Buy |
4/8/2024 | UBS | Manav Gupta | 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 | Evercore Partners | Stephen Richardson | Hold | Hold |
3/1/2024 | National Bank Financial | Travis Wood | 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 | 2.17 |
ABR (Last week) | 2.17 |
# of Recs in ABR | 18 |
Average Target Price | $40.82 |
LT Growth Rate | NA |
Industry | Oil and Gas - Exploration and Production - Canadian |
Industry Rank by ABR | 33 of 253 |
Current Quarter EPS Est: | 0.71 |
CNQ FAQs
Canadian Natural Resources Limited (CNQ) currently has an average brokerage recommendation (ABR) of 2.17 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 18 brokerage firms.
The average price target for Canadian Natural Resources Limited (CNQ) is $40.82. The current on short-term price targets is based on 2 reports.
The forecasts for Canadian Natural Resources Limited (CNQ) range from a low of $35.04 to a high of $46.01. The average price target represents a increase of $20.80 from the last closing price of $33.79.
The current UPSIDE for Canadian Natural Resources Limited (CNQ) is 20.80%
Based on short-term price targets offered by 16 analysts, the average price target for Canadian Natural Resources comes to $40.82. The forecasts range from a low of $35.04 to a high of $46.01. The average price target represents an increase of 20.8% from the last closing price of $33.79.