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Canadian Natural Res

CNQNYSE
Logo brought to you by Benzinga Data
$29.97
-0.76-2.47%
At close: -
$29.96
-0.01-0.04%
After Hours: 7:18 PM EDT
Q4 2024 Earnings in 12 days from now on Thu Mar 6th, before the market open
Consensus Rating1
Outperform
Highest Price Target1
$102.00
Lowest Price Target1
$62.00
Consensus Price Target1
$85.43

Canadian Natural Res (NYSE:CNQ) Stock, Analyst Ratings, Price Targets, Forecasts

Canadian Natural Resources Ltd has a consensus price target of $85.43 based on the ratings of 9 analysts. The high is $102 issued by JP Morgan on January 11, 2024. The low is $62 issued by RBC Capital on February 18, 2025. The 3 most-recent analyst ratings were released by RBC Capital, JP Morgan, and CIBC on February 18, 2025, January 11, 2024, and August 29, 2023, respectively. With an average price target of $85.67 between RBC Capital, JP Morgan, and CIBC, there's an implied 185.95% upside for Canadian Natural Resources Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
JP Morgan
CIBC
Jefferies
Wells Fargo

1calculated from analyst ratings

Analyst Ratings for Canadian Natural Res

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Canadian Natural Res (CNQ) stock?

A

The latest price target for Canadian Natural Res (NYSE:CNQ) was reported by RBC Capital on February 18, 2025. The analyst firm set a price target for $62.00 expecting CNQ to rise to within 12 months (a possible 106.95% upside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Canadian Natural Res (CNQ)?

A

The latest analyst rating for Canadian Natural Res (NYSE:CNQ) was provided by RBC Capital, and Canadian Natural Res reiterated their outperform rating.

Q

When was the last upgrade for Canadian Natural Res (CNQ)?

A

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.

Q

When was the last downgrade for Canadian Natural Res (CNQ)?

A

There is no last downgrade for Canadian Natural Res.

Q

When is the next analyst rating going to be posted or updated for Canadian Natural Res (CNQ)?

A

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 February 18, 2025 so you should expect the next rating to be made available sometime around February 18, 2026.

Q

Is the Analyst Rating Canadian Natural Res (CNQ) correct?

A

While ratings are subjective and will change, the latest Canadian Natural Res (CNQ) rating was a reiterated with a price target of $62.00 to $62.00. The current price Canadian Natural Res (CNQ) is trading at is $29.96, which is out of the analyst’s predicted range.

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