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Canadian Natural Resources Ltd has a consensus price target of $85.57 based on the ratings of 9 analysts. The high is $102 issued by JP Morgan on January 11, 2024. The low is $63 issued by RBC Capital on March 7, 2025. The 3 most-recent analyst ratings were released by RBC Capital, RBC Capital, and JP Morgan on March 7, 2025, February 18, 2025, and January 11, 2024, respectively. With an average price target of $75.67 between RBC Capital, RBC Capital, and JP Morgan, there's an implied 141.75% upside for Canadian Natural Resources Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
03/07/2025 | Buy Now | 101.28% | RBC Capital | Greg Pardy59% | $62 → $63 | Maintains | Outperform | Get Alert |
02/18/2025 | Buy Now | 98.08% | RBC Capital | Greg Pardy59% | $62 → $62 | Reiterates | Outperform → Outperform | Get Alert |
06/11/2024 | Buy Now | — | Scotiabank | Jason Bouvier40% | $114 → $57 | Maintains | Sector Perform | Get Alert |
01/11/2024 | Buy Now | 225.88% | JP Morgan | John Royall55% | $50.5 → $51 | Maintains | Neutral | Get Alert |
08/29/2023 | Buy Now | 197.12% | CIBC | Dennis Fong23% | $45 → $46.5 | Maintains | Outperformer | Get Alert |
08/28/2023 | Buy Now | 200.32% | Jefferies | Lloyd Byrne75% | $42 → $47 | Maintains | Hold | Get Alert |
08/04/2023 | Buy Now | 171.57% | Wells Fargo | Roger Read66% | $40 → $42.5 | Maintains | Equal-Weight | Get Alert |
06/29/2023 | Buy Now | 197.12% | National Bank Financial Inc | Travis Wood71% | $52.5 → $46.5 | Maintains | Outperform | Get Alert |
11/21/2022 | Buy Now | 120.45% | Goldman Sachs | Neil Mehta69% | $31 → $34.5 | Upgrade | Neutral → Buy | Get Alert |
07/19/2022 | Buy Now | — | B of A Securities | Doug Leggate72% | — | Upgrade | Neutral → Buy | Get Alert |
05/20/2022 | Buy Now | 130.03% | Goldman Sachs | Neil Mehta69% | $32 → $36 | Maintains | Neutral | Get Alert |
The latest price target for Canadian Natural Res (NYSE:CNQ) was reported by RBC Capital on March 7, 2025. The analyst firm set a price target for $63.00 expecting CNQ to rise to within 12 months (a possible 101.28% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Canadian Natural Res (NYSE:CNQ) was provided by RBC Capital, and Canadian Natural Res maintained their outperform rating.
The last upgrade for Canadian Natural Resources Ltd happened on November 21, 2022 when Goldman Sachs raised their price target to $69. Goldman Sachs previously had a neutral for Canadian Natural Resources Ltd.
There is no last downgrade for Canadian Natural Res.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Canadian Natural Res, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Canadian Natural Res was filed on March 7, 2025 so you should expect the next rating to be made available sometime around March 7, 2026.
While ratings are subjective and will change, the latest Canadian Natural Res (CNQ) rating was a maintained with a price target of $62.00 to $63.00. The current price Canadian Natural Res (CNQ) is trading at is $31.30, which is out of the analyst’s predicted range.
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