Canadian Natural (CNQ) Receives a Sell from Wells Fargo


Wells Fargo analyst Roger Read maintained a Sell rating on Canadian Natural (CNQ) on December 6. The company’s shares closed last Monday at $29.33.

According to TipRanks.com, Read is a 3-star analyst with an average return of 2.1% and a 55.6% success rate. Read covers the Basic Materials sector, focusing on stocks such as Conocophillips, Valero Energy, and Phillips 66.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian Natural with a $32.46 average price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $31.77 and a one-year low of $21.85. Currently, Canadian Natural has an average volume of 2.45M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Canadian Natural Resources Ltd. is a senior oil and natural gas production company. It engages in the exploration, development, marketing, and production of crude oil and natural gas. The company was founded on November 7, 1973 and is headquartered in Calgary, Canada.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts