Canadian Natural Resources Limited (TSE:CNQ) Given Consensus Rating of “Moderate Buy” by Analysts

Posted by on May 31st, 2026

Shares of Canadian Natural Resources Limited (TSE:CNQ – Get Free Report) (NYSE:CNQ) have been assigned a consensus rating of “Moderate Buy” from the twelve analysts that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$63.73.

Several equities analysts have recently issued reports on CNQ shares. Jefferies Financial Group lifted their price objective on shares of Canadian Natural Resources from C$48.00 to C$59.00 in a research note on Monday, March 16th. National Bank Financial lifted their target price on shares of Canadian Natural Resources from C$59.00 to C$90.00 and gave the stock a “sector perform” rating in a research report on Tuesday, March 31st. Scotiabank lifted their target price on shares of Canadian Natural Resources from C$58.00 to C$62.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. BMO Capital Markets lifted their target price on shares of Canadian Natural Resources from C$50.00 to C$70.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Finally, Gerdes Energy Research downgraded shares of Canadian Natural Resources from a “buy” rating to a “neutral” rating in a research report on Thursday, February 12th.

Get Our Latest Stock Report on CNQ

Insider Activity at Canadian Natural Resources

In related news, Director Gordon D. Giffin sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of C$68.01, for a total transaction of C$1,700,250.00. Following the transaction, the director directly owned 171,210 shares of the company’s stock, valued at approximately C$11,643,992.10. The trade was a 12.74% decrease in their ownership of the stock. Corporate insiders own 4.26% of the company’s stock.

Canadian Natural Resources Stock Performance

Shares of CNQ opened at C$62.70 on Tuesday. The firm’s 50 day moving average is C$64.65 and its 200-day moving average is C$55.68. The stock has a market capitalization of C$130.77 billion, a P/E ratio of 12.15, a P/E/G ratio of 0.53 and a beta of 0.48. The company has a debt-to-equity ratio of 44.85, a current ratio of 0.98 and a quick ratio of 0.54. Canadian Natural Resources has a 12-month low of C$40.62 and a 12-month high of C$70.99.

Canadian Natural Resources (TSE:CNQ – Get Free Report) (NYSE:CNQ) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$1.17 earnings per share (EPS) for the quarter. The company had revenue of C$10.81 billion for the quarter. Canadian Natural Resources had a net margin of 24.51% and a return on equity of 22.74%. Equities research analysts anticipate that Canadian Natural Resources will post 3.833989 EPS for the current fiscal year.

Canadian Natural Resources Company Profile

(Get Free Report)

Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company’s portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.

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Analyst Recommendations for Canadian Natural Resources (TSE:CNQ)

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