NYSE:CNQ - Canadian Natural Resources Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $54.82
  • Forecasted Upside: 28.09 %
  • Number of Analysts: 15
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 12 Buy Ratings
  • 0 Strong Buy Ratings
$42.80
▲ +0.39 (0.92%)

This chart shows the closing price for CNQ by one month, three months, or twelve months.

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Analyst Price Target for CNQ

Analyst Price Target is $54.82
▲ +28.09% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Canadian Natural Resources in the last 3 months. The average price target is $54.82, with a high forecast of $70.00 and a low forecast of $44.00. The average price target represents a 28.09% upside from the last price of $42.80.

This chart shows the closing price for CNQ for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 15 contributing investment analysts is to buy stock in Canadian Natural Resources. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 10 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/27/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 11 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/22/2021
  • 0 strong buy ratings
  • 14 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/22/2021
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/21/2021
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/19/2021
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/19/2021

Latest Recommendations

  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/18/2021Credit Suisse GroupBoost Price TargetNeutralC$53.00 ➝ C$59.00Low
10/15/2021CIBCBoost Price TargetOutperformC$58.00 ➝ C$62.00Low
10/14/2021ScotiabankBoost Price TargetOutperformC$52.00 ➝ C$60.00High
10/7/2021Morgan StanleyInitiated CoverageEqual Weight$53.00Low
9/29/2021National Bank FinancialBoost Price TargetOutperformC$61.00 ➝ C$70.00Medium
9/23/2021Stifel NicolausBoost Price TargetBuyC$65.00 ➝ C$67.50High
8/6/2021Royal Bank of CanadaBoost Price TargetOutperform$53.00 ➝ $55.00N/A
8/6/2021TD SecuritiesBoost Price TargetBuyC$52.00 ➝ C$55.00Low
7/20/2021Raymond JamesInitiated CoverageBuy$55.00Medium
7/19/2021National Bank FinancialLower Price TargetOutperformC$66.00 ➝ C$63.00Medium
7/16/2021BarclaysBoost Price TargetOverweightC$48.00 ➝ C$51.00High
7/15/2021ScotiabankBoost Price TargetOutperformC$50.00 ➝ C$52.00Medium
7/14/2021CIBCBoost Price TargetOutperformC$48.00 ➝ C$58.00Medium
6/30/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$42.00 ➝ $45.00Medium
6/28/2021Stifel NicolausBoost Price TargetBuyC$60.00 ➝ C$64.50Low
6/11/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$38.00 ➝ $44.00Low
5/7/2021Tudor PickeringReiterated RatingBuyLow
5/7/2021Royal Bank of CanadaBoost Price TargetOutperform$44.00 ➝ $45.00Medium
4/15/2021ScotiabankBoost Price TargetOutperform$42.00 ➝ $48.00Low
4/15/2021Tudor PickeringReiterated RatingBuyLow
4/2/2021BarclaysReiterated RatingBuy$49.00N/A
3/22/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral$52.00High
3/10/2021CIBCBoost Price TargetOutperform$42.00 ➝ $46.00Medium
3/9/2021Credit Suisse GroupBoost Price TargetOutperform$42.00 ➝ $52.00Low
3/8/2021DesjardinsBoost Price TargetBuy$38.00 ➝ $46.00Medium
3/7/2021Royal Bank of CanadaReiterated RatingBuyMedium
3/5/2021BMO Capital MarketsBoost Price TargetOutperform$42.00 ➝ $45.00Low
3/5/2021Stifel NicolausBoost Price TargetBuy$50.00 ➝ $54.00Low
3/5/2021TD SecuritiesBoost Price TargetBuy$39.00 ➝ $42.00Low
1/29/2021BarclaysBoost Price TargetOverweight$41.00 ➝ $42.00Medium
1/14/2021Credit Suisse GroupBoost Price TargetOutperform$32.00 ➝ $38.00Low
1/14/2021ScotiabankBoost Price TargetOutperform$33.00 ➝ $42.00Low
1/13/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$27.00 ➝ $28.00Low
1/6/2021National Bank FinancialReiterated RatingOutperformN/A
12/16/2020CIBCBoost Price TargetOutperform$31.00 ➝ $42.00Low
12/15/2020Wells Fargo & CompanyUpgradeUnderweight ➝ Equal WeightMedium
12/10/2020BMO Capital MarketsBoost Price TargetOutperform$30.00 ➝ $36.00Low
12/10/2020TD SecuritiesBoost Price TargetBuy$26.00 ➝ $34.00Low
11/12/2020CIBCBoost Price TargetOutperform$30.00 ➝ $31.00Low
11/6/2020TD SecuritiesBoost Price TargetBuy$25.00 ➝ $26.00Low
10/26/2020CIBCInitiated CoverageOutperform$30.00High
10/20/2020Morgan StanleyLower Price TargetOverweight$36.00 ➝ $31.00Medium
9/2/2020BarclaysInitiated CoverageOverweight$30.00Low
8/7/2020Stifel NicolausBoost Price TargetBuy$27.00 ➝ $32.00Low
8/7/2020Raymond JamesBoost Price TargetOutperform$32.00 ➝ $33.00Low
8/7/2020Tudor PickeringReiterated RatingBuy$29.00High
7/8/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$24.00 ➝ $32.00Low
7/2/2020Credit Suisse GroupReiterated RatingOutperform$29.00 ➝ $32.00Medium
6/29/2020UBS GroupBoost Price TargetBuy$28.00 ➝ $37.00Medium
6/23/2020National Bank FinancialUpgradeSector Perform ➝ Outperform$39.00High
6/17/2020Deutsche Bank AktiengesellschaftBoost Price TargetPositive ➝ Hold$84.00 ➝ $92.00High
5/29/2020Wells Fargo & CompanyBoost Price TargetUnderweight$16.00 ➝ $17.00Low
5/14/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$15.00 ➝ $21.00Low
5/8/2020Royal Bank of CanadaBoost Price TargetOutperform$24.00 ➝ $27.00Medium
5/1/2020Evercore ISIUpgradeIn-Line ➝ Outperform$30.00Low
3/31/2020UBS GroupLower Price TargetBuy$55.00 ➝ $28.00High
3/20/2020Royal Bank of CanadaLower Price TargetOutperform$27.00 ➝ $25.00Low
3/20/2020Wells Fargo & CompanyLower Price TargetUnderweight$34.00 ➝ $14.00High
3/16/2020Evercore ISIReiterated RatingNeutral$30.00High
3/16/2020Morgan StanleyDowngradeOverweight ➝ Equal WeightHigh
3/11/2020JPMorgan Chase & Co.Lower Price TargetOverweight$44.00 ➝ $32.00High
3/6/2020Raymond JamesReiterated RatingBuyLow
3/4/2020JPMorgan Chase & Co.Lower Price TargetOverweight$45.00 ➝ $43.00Low
1/31/2020Wood & CompanyReiterated RatingNeutral ➝ HoldLow
1/6/2020Wells Fargo & CompanyReiterated RatingSellN/A
12/11/2019Tudor PickeringUpgradeHold ➝ Buy$46.00Low
12/9/2019Wells Fargo & CompanyReiterated RatingSellLow
11/12/2019CIBCBoost Price TargetBuy$46.00 ➝ $48.00Low
10/18/2019Royal Bank of CanadaLower Price TargetBuy$45.00 ➝ $42.00Low
10/15/2019CIBCSet Price TargetBuy$46.00Low
10/8/2019Tudor PickeringDowngradeBuy ➝ HoldHigh
10/2/2019National Bank FinancialDowngradeOutperform ➝ Sector PerformHigh
9/27/2019The Goldman Sachs GroupSet Price TargetHold$29.00High
9/10/2019Credit Suisse GroupSet Price TargetBuy$48.00N/A
9/6/2019Wells Fargo & CompanyDowngradeMarket Perform ➝ UnderperformLow
8/4/2019CIBCReiterated RatingBuy$48.00High
7/22/2019The Goldman Sachs GroupReiterated RatingBuy ➝ NeutralLow
7/9/2019Canaccord GenuityReiterated RatingBuy$53.00Low
5/10/2019Raymond JamesReiterated RatingBuyHigh
5/10/2019Royal Bank of CanadaReiterated RatingAverage$45.00Low
4/25/2019Edward JonesDowngradeBuy ➝ HoldLow
4/3/2019Evercore ISIUpgradeIn-Line ➝ Outperform$27.83Low
4/2/2019ScotiabankReiterated RatingBuyLow
3/13/2019Evercore ISIInitiated CoverageIn-line ➝ In-LineLow
3/11/2019MizuhoInitiated CoverageBuy ➝ Buy$45.00Low
3/5/2019Royal Bank of CanadaReiterated RatingBuyHigh
2/8/2019Raymond JamesReiterated RatingBuyLow
2/2/2019CIBCReiterated RatingBuyMedium
1/29/2019Morgan StanleyReiterated RatingBuyMedium
1/28/2019Credit Suisse GroupInitiated CoverageOutperform ➝ Outperform$48.00Low
1/24/2019Tudor PickeringUpgradeHold ➝ BuyMedium
1/7/2019BMO Capital MarketsReiterated RatingAverage ➝ Buy$45.00Low
1/7/2019Royal Bank of CanadaReiterated RatingAverage$45.00Low
12/10/2018GMP SecuritiesReiterated RatingBuyMedium
12/7/2018TD SecuritiesReiterated RatingBuyLow
12/7/2018CitigroupLower Price TargetNeutral ➝ Neutral$38.00 ➝ $29.00Medium
12/6/2018BMO Capital MarketsReiterated RatingBuyLow
12/4/2018MacquarieUpgradeNeutral ➝ OutperformMedium
11/20/2018Canaccord GenuityReiterated RatingBuy ➝ Buy$50.00Medium
11/20/2018Morgan StanleyLower Price TargetOverweight ➝ Overweight$60.00 ➝ $50.00Low
11/2/2018Raymond JamesReiterated RatingBuyLow
11/2/2018Royal Bank of CanadaReiterated RatingBuyLow
10/12/2018Morgan StanleyLower Price TargetOverweight$64.00 ➝ $60.00Low
10/9/2018MacquarieDowngradeOutperform ➝ NeutralMedium
10/5/2018CIBCInitiated CoverageSector Outperform ➝ Sector OutperformMedium
9/20/2018Royal Bank of CanadaDowngradeTop Pick ➝ Outperform$38.40Low
6/27/2018Evercore ISIInitiated CoverageInlineLow
5/23/2018Morgan StanleyBoost Price TargetOverweight ➝ Overweight$55.00 ➝ $64.00Low
4/16/2018Morgan StanleyLower Price TargetOverweight ➝ Overweight$58.00 ➝ $55.00Low
3/7/2018UBS GroupInitiated CoverageBuyLow
2/6/2018Wells Fargo & CompanyDowngradeOutperform ➝ Market PerformHigh
1/24/2018Morgan StanleyBoost Price TargetOverweight ➝ Overweight$52.00 ➝ $58.00Low
1/15/2018AltaCorp CapitalReiterated RatingBuy$52.00Low
11/8/2017Canaccord GenuityReiterated RatingBuy$53.00N/A
11/2/2017Canaccord GenuityReiterated RatingBuy$48.00N/A
10/13/2017Morgan StanleyBoost Price TargetOverweight$46.00 ➝ $52.00N/A
9/5/2017Canaccord GenuityReiterated RatingBuy$47.00Low
7/21/2017CitigroupDowngradeBuy ➝ Neutral$40.00 ➝ $33.00High
7/19/2017Morgan StanleyUpgradeEqual Weight ➝ Overweight$46.00Low
6/27/2017National Bank FinancialInitiated CoverageOutperformLow
6/22/2017The Goldman Sachs GroupReiterated RatingBuy ➝ Buy$36.00Low
3/11/2017Canaccord GenuityReiterated RatingBuy$47.00N/A
3/10/2017Royal Bank of CanadaBoost Price TargetTop Pick ➝ Top Pick$55.00 ➝ $60.00Low
2/2/2017DesjardinsUpgradeHold ➝ Buy$48.00N/A
1/27/2017TD SecuritiesUpgradeHold ➝ BuyN/A
1/14/2017Wells Fargo & CompanyReiterated RatingOutperformN/A
12/16/2016TD SecuritiesReiterated RatingHold$46.00N/A
12/16/2016ScotiabankReiterated RatingOutperform$45.00N/A
12/16/2016Royal Bank of CanadaReiterated RatingTop Pick$52.00N/A
12/16/2016Wells Fargo & CompanyInitiated CoverageOutperformN/A
12/15/2016Nomura InstinetReiterated RatingBuy$44.00 ➝ $48.00N/A
11/6/2016ScotiabankReiterated RatingOutperform$44.00N/A
10/28/2016Seaport Global SecuritiesInitiated CoverageHold$64.00N/A
(Data available from 10/19/2016 forward)

News Sentiment Rating

0.85 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/23/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/22/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/22/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/21/2021
  • 4 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/21/2021
  • 10 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/20/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
9/19/2021
  • 10 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
10/19/2021

Current Sentiment

  • 10 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Canadian Natural Resources logo
Canadian Natural Resources Ltd. is an oil and natural gas production company, which engages in the exploration, development, marketing, and production of crude oil and natural gas. It operates through the following segments: Oil Sands Mining & Upgrading; Midstream & Refining; and Exploration & Production. The Oil Sands Mining & Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations. The Midstream & Refining segment focuses in maintaining pipeline operations and investment. The Exploration & Production segment comprises operations in North America, largely in Western Canada; the United Kingdom portion of the North Sea; and Côte d'Ivoire and South Africa in Offshore Africa. The company was founded on November 7, 1973 and is headquartered in Calgary, Canada.
Read More

Today's Range

Now: $42.80
Low: $42.36
High: $43.26

50 Day Range

MA: $35.12
Low: $30.40
High: $42.41

52 Week Range

Now: $42.80
Low: $15.17
High: $43.34

Volume

145,649 shs

Average Volume

3,238,600 shs

Market Capitalization

$50.42 billion

P/E Ratio

15.74

Dividend Yield

3.52%

Beta

1.89

Frequently Asked Questions

What sell-side analysts currently cover shares of Canadian Natural Resources?

The following equities research analysts have issued reports on Canadian Natural Resources in the last year: Barclays PLC, BMO Capital Markets, CIBC, Credit Suisse Group AG, Desjardins, Morgan Stanley, National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, TD Securities, The Goldman Sachs Group, Inc., TheStreet, Tudor Pickering, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for CNQ.

What is the current price target for Canadian Natural Resources?

14 Wall Street analysts have set twelve-month price targets for Canadian Natural Resources in the last year. Their average twelve-month price target is $54.82, suggesting a possible upside of 28.1%. National Bank Financial has the highest price target set, predicting CNQ will reach $70.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $44.00 for Canadian Natural Resources in the next year.
View the latest price targets for CNQ.

What is the current consensus analyst rating for Canadian Natural Resources?

Canadian Natural Resources currently has 3 hold ratings and 12 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CNQ will outperform the market and that investors should add to their positions of Canadian Natural Resources.
View the latest ratings for CNQ.

How do I contact Canadian Natural Resources' investor relations team?

Canadian Natural Resources' physical mailing address is 2100 855-2 STREET SW, CALGARY A0, T2P 4J8. The oil and gas producer's listed phone number is (403) 517-6700 and its investor relations email address is [email protected] The official website for Canadian Natural Resources is www.cnrl.com.