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Canadian Natural (CNQ) Gets a Hold from J.P. Morgan

Tipranks - Tipranks - Wed Apr 8, 5:38PM CDT

J.P. Morgan analyst Arun Jayaram maintained a Hold rating on Canadian Natural today and set a price target of C$70.00.

Easter Sale - 70% Off TipRanks

According to TipRanks, Jayaram is a 5-star analyst with an average return of 14.6% and a 63.29% success rate. Jayaram covers the Energy sector, focusing on stocks such as Conocophillips, Murphy Oil, and EQT.

In addition to J.P. Morgan, Canadian Natural also received a Hold from Raymond James’s Michael Barth, CFA in a report issued on March 30. However, on March 26, TipRanks – OpenAI reiterated a Buy rating on Canadian Natural (NYSE: CNQ).

See Insiders’ Hot Stocks on TipRanks >>

CNQ market cap is currently C$140.2B and has a P/E ratio of 8.98.

Based on the recent corporate insider activity of 139 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CNQ in relation to earlier this year.

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