Analyst Price Target is C$54.08
▲ +23.11% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Canadian Natural Resources in the last 3 months. The average price target is C$54.08, with a high forecast of C$63.00 and a low forecast of C$40.00. The average price target represents a 23.11% upside from the last price of C$43.93.
Current Consensus is
Moderate Buy
The current consensus among 14 investment analysts is to moderate buy stock in Canadian Natural Resources. This rating has held steady since December 2024, when it changed from a Hold consensus rating.
Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company's portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.
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