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JP Morgan Initiates Canadian Natural Resource With Overweight

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JP Morgan initiated coverage on Canadian Natural Resource Ltd (USA) (NYSE: CNQ) with a Overweight rating.

The target price for Canadian Natural is set to C$43.

Canadian Natural shares have dropped 25.43 percent over the past 52 weeks, while the S&P 500 index has surged 10.60 percent in the same period.

Canadian Natural shares fell 0.20 percent to close at $30.46 yesterday.

Latest Ratings for CNQ

DateFirmActionFromTo
Jul 2017CitigroupDowngradesBuyNeutral
Jul 2017Morgan StanleyUpgradesEqual-WeightOverweight
Jun 2017National Bank FinancialInitiates Coverage OnOutperform

View More Analyst Ratings for CNQ
View the Latest Analyst Ratings

Posted-In: JP MorganInitiation Analyst Ratings

 

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