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Canadian Natural Resources Ltd has a consensus price target of $89.33 based on the ratings of 8 analysts. The high is $102 issued by JP Morgan on January 11, 2024. The low is $69 issued by Goldman Sachs on November 21, 2022. The 3 most-recent analyst ratings were released by JP Morgan, CIBC, and Jefferies on January 11, 2024, August 29, 2023, and August 28, 2023, respectively. With an average price target of $96.33 between JP Morgan, CIBC, and Jefferies, there's an implied 183.13% upside for Canadian Natural Resources Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Canadian Natural Res (NYSE:CNQ) was reported by Scotiabank on June 11, 2024. The analyst firm set a price target for $0.00 expecting CNQ to fall to within 12 months (a possible -100.00% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Canadian Natural Res (NYSE:CNQ) was provided by Scotiabank, and Canadian Natural Res maintained their sector perform 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 June 11, 2024 so you should expect the next rating to be made available sometime around June 11, 2025.
While ratings are subjective and will change, the latest Canadian Natural Res (CNQ) rating was a maintained with a price target of $0.00 to $0.00. The current price Canadian Natural Res (CNQ) is trading at is $34.03, which is out of the analyst’s predicted range.
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