Analyst Price Target is C$90.88
▲ +9.33% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Canadian Natural Resources in the last 3 months. The average price target is C$90.88, with a high forecast of C$97.00 and a low forecast of C$82.00. The average price target represents a 9.33% upside from the last price of C$83.13.
Current Consensus is
The current consensus among 11 polled investment analysts is to moderate buy stock in Canadian Natural Resources. This Moderate Buy consensus rating has held steady for over two years.
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). The company's midstream assets include two 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.