Bank of America Corp. disclosed Canadian Natural Resource Ltd (USA) (NYSE:CNQ), hiking its stock price target to $38.00 earlier today
- Updated: September 17, 2016
Stating a possible upside of 0.18%, Bank of America Corp. bumped the price target of Canadian Natural Resource Ltd (USA) (NYSE:CNQ) to $38.
Showing a price of $32.18, Canadian Natural Resource Ltd (USA) (NYSE:CNQ) traded 0.03% higher on the day. The last stock close is up 0.70% relative to the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. CNQ has recorded a 50-day average of $31.30 and 200-day average of $29.41. 2,193,703 shares of CNQ exchanged hands, down from ann average trading volume of 2,310,660
With a market capitalization of $0.0, Canadian Natural Resource Ltd (USA) has a P/E of 0 with a 52 week low of $14.60 and a one-year high of $32.94.
A total of 9 brokerages have issued a report on the company. One firm rate the company a strong buy, eight firms rate the stock a buy, two analyts rate the company a hold, 0 rate the stock to underperform, and finally 0 brokeragesrate the stock as sell with an average target price of $29.67
General Information About Canadian Natural Resource Ltd (USA) (NYSE:CNQ)
Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company is engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids (NGLs). Its exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea and Cote d’Ivoire, Gabon, and South Africa in Offshore Africa. The Horizon Oil Sands Mining and Upgrading segment (Horizon) produces synthetic crude oil through bitumen mining and upgrading operations. Within Western Canada, the Company maintains certain midstream activities that include pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership (Redwater Partnership), and a general partnership formed in the Province of Alberta.
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