$76.84
-0.07[-0.09%]
At close: Apr 25
$76.84
0[0.00%]
PreMarket: 8:05AM EDT
Canadian Natural Res
(NYSE:CNQ)Canadian Natural Res Stock (NYSE:CNQ), Analyst Ratings, Price Targets, Predictions
Canadian Natural Resources Ltd has a consensus price target of $76.57, established from looking at the 9 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, CIBC, and Jefferies on January 11, 2024, August 29, 2023, and August 28, 2023. With an average price target of $96.33 between JP Morgan, CIBC, and Jefferies, there's an implied 25.37% upside for Canadian Natural Resources Ltd from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
CIBC
Jefferies
Wells Fargo
National Bank Financial Inc
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Canadian Natural Res
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 01/11/2024 | CNQ | Buy Now | Canadian Natural Res | $76.84 | 32.74% | JP Morgan | John Royall | $101 → $102 | Maintains | Neutral | Get Alert |
| 08/29/2023 | CNQ | Buy Now | Canadian Natural Res | $76.84 | 21.03% | CIBC | Dennis Fong | $90 → $93 | Maintains | Outperformer | Get Alert |
| 08/28/2023 | CNQ | Buy Now | Canadian Natural Res | $76.84 | 22.33% | Jefferies | Lloyd Byrne | $84 → $94 | Maintains | Hold | Get Alert |
| 08/04/2023 | CNQ | Buy Now | Canadian Natural Res | $76.84 | 10.62% | Wells Fargo | Roger Read | $80 → $85 | Maintains | Equal-Weight | Get Alert |
| 06/29/2023 | CNQ | Buy Now | Canadian Natural Res | $76.84 | 21.03% | National Bank Financial Inc | Travis Wood | $105 → $93 | Maintains | Outperform | Get Alert |
| 11/21/2022 | CNQ | Buy Now | Canadian Natural Res | $76.84 | -10.2% | Goldman Sachs | Neil Mehta | $62 → $69 | Upgrade | Neutral → Buy | Get Alert |
| 07/19/2022 | CNQ | Buy Now | Canadian Natural Res | $76.84 | — | B of A Securities | Doug Leggate | — | Upgrade | Neutral → Buy | Get Alert |
| 05/20/2022 | CNQ | Buy Now | Canadian Natural Res | $76.84 | -6.3% | Goldman Sachs | Neil Mehta | $64 → $72 | Maintains | Neutral | Get Alert |
| 06/11/2021 | CNQ | Buy Now | Canadian Natural Res | $76.84 | -42.74% | Goldman Sachs | Neil Mehta | — | Upgrade | Neutral → Buy | Get Alert |
FAQ
What is the target price for Canadian Natural Res (CNQ)?
The latest price target for Canadian Natural Res (NYSE: CNQ) was reported by JP Morgan on January 11, 2024. The analyst firm set a price target for $102.00 expecting CNQ to rise to within 12 months (a possible 32.74% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Canadian Natural Res (CNQ)?
The latest analyst rating for Canadian Natural Res (NYSE: CNQ) was provided by JP Morgan, and Canadian Natural Res maintained their neutral rating.
When was the last upgrade for Canadian Natural Res (CNQ)?
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.
When was the last downgrade for Canadian Natural Res (CNQ)?
There is no last downgrade for Canadian Natural Res.
When is the next analyst rating going to be posted or updated for Canadian Natural Res (CNQ)?
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 January 11, 2024 so you should expect the next rating to be made available sometime around January 11, 2025.
Is the Analyst Rating Canadian Natural Res (CNQ) correct?
While ratings are subjective and will change, the latest Canadian Natural Res (CNQ) rating was a maintained with a price target of $101.00 to $102.00. The current price Canadian Natural Res (CNQ) is trading at is $76.84, which is out of the analyst’s predicted range.
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