Canadian Natural Resources Ltd has a consensus price target of $85.43 based on the ratings of 8 analysts. The high is $102 issued by JP Morgan on January 11, 2024. The low is $62 issued by RBC Capital on September 24, 2025. The 3 most-recent analyst ratings were released by RBC Capital on September 24, 2025, August 8, 2025, and March 27, 2025, respectively. With an average price target of $62.33 between RBC Capital, there's an implied 97.95% upside for Canadian Natural Resources Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
09/24/2025 | 96.89% | RBC Capital | $62 → $62 | Reiterates | Outperform → Outperform | |||
08/08/2025 | 96.89% | RBC Capital | $64 → $62 | Maintains | Outperform | |||
03/27/2025 | 100.06% | RBC Capital | $63 → $63 | Reiterates | Outperform → Outperform | |||
03/07/2025 | 100.06% | RBC Capital | $62 → $63 | Maintains | Outperform | |||
02/18/2025 | 96.89% | RBC Capital | $62 → $62 | Reiterates | Outperform → Outperform | |||
06/11/2024 | — | Scotiabank | — | Maintains | Sector Perform | |||
01/11/2024 | 223.91% | JP Morgan | $101 → $102 | Maintains | Neutral | |||
08/29/2023 | 195.33% | CIBC | $90 → $93 | Maintains | Outperformer | |||
08/28/2023 | 198.51% | Jefferies | $84 → $94 | Maintains | Hold | |||
08/04/2023 | 169.93% | Wells Fargo | $80 → $85 | Maintains | Equal-Weight | |||
06/29/2023 | 195.33% | National Bank Financial Inc | $105 → $93 | Maintains | Outperform | |||
11/21/2022 | 119.12% | Goldman Sachs | $62 → $69 | Upgrade | Neutral → Buy |
The latest price target for Canadian Natural Res (NYSE:CNQ) was reported by RBC Capital on September 24, 2025. The analyst firm set a price target for $62.00 expecting CNQ to rise to within 12 months (a possible 96.89% upside). 5 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 reiterated 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 September 24, 2025 so you should expect the next rating to be made available sometime around September 24, 2026.
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 $31.49, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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