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Canadian Natural (CNQ) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Thu Apr 9, 2:12PM CDT

RBC Capital analyst Gregory Pardy maintained a Buy rating on Canadian Natural today and set a price target of C$80.00.

Easter Sale - 70% Off TipRanks

According to TipRanks, Pardy is a top 100 analyst with an average return of 23.5% and a 65.53% success rate. Pardy covers the Energy sector, focusing on stocks such as Imperial Oil, Canadian Natural, and Suncor Energy.

In addition to RBC Capital, Canadian Natural also received a Buy from TipRanks – OpenAI’s OpenAI Oil and Gas Exploration and Production in a report issued on March 26. However, yesterday, J.P. Morgan maintained a Hold rating on Canadian Natural (NYSE: CNQ).

See Insiders’ Hot Stocks on TipRanks >>

CNQ market cap is currently C$142.3B and has a P/E ratio of 8.98.

Based on the recent corporate insider activity of 138 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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