Canadian Natural Resources Limi found using ticker (CNQ) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 72.14 and 59.15 calculating the mean target price we have 65.89. Now with the previous closing price of 56.42 this now indicates there is a potential upside of 16.8%. The 50 day MA is 57.75 and the 200 day moving average is 55.88. The market capitalisation for the company is $59,870m. Visit the company website at: https://www.cnrl.com
The potential market cap would be $69,919m based on the market concensus.
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.
