Raymond James lifts Canadian Natural Resources Ltd [CNQ] price estimate. Who else is bullish?

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Canadian Natural Resources Ltd [NYSE: CNQ] slipped around -0.15 points on Wednesday, while shares priced at $31.98 at the close of the session, down -0.47%.

Canadian Natural Resources Ltd stock is now -11.24% down from its year-to-date (YTD) trading value. CNQ Stock saw the intraday high of $32.34 and lowest of $31.84 per share. The company’s 52-week high price is 37.91, which means current price is +29.74% above from all time high which was touched on 06/18/25.

Compared to the average trading volume of 6.20M shares, CNQ reached a trading volume of 4538082 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Canadian Natural Resources Ltd [CNQ]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNQ shares is $37.49 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNQ stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Raymond James have made an estimate for Canadian Natural Resources Ltd shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 09, 2025. The new note on the price target was released on March 19, 2025, representing the official price target for Canadian Natural Resources Ltd stock.

The Price to Book ratio for the last quarter was 2.39, with the Price to Cash per share for the same quarter was set at 0.03. Price to Free Cash Flow for CNQ in the course of the last twelve months was 10.27 with Quick ratio for the last quarter at 0.53.

How has CNQ stock performed recently?

Canadian Natural Resources Ltd [CNQ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.01. With this latest performance, CNQ shares gained by 1.27% in over the last four-week period, additionally plugging by 1.30% over the last 6 months – not to mention a rise of 3.60% in the past year of trading.

Canadian Natural Resources Ltd [CNQ]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Canadian Natural Resources Ltd [CNQ] shares currently have an operating margin of 29.37% and a Gross Margin at 30.77%. Canadian Natural Resources Ltd’s Net Margin is presently recorded at 19.77%.

Return on Equity for this stock inclined to 9.46%, with Return on Assets sitting at 9.46%.

Earnings analysis for Canadian Natural Resources Ltd [CNQ]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CNQ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Canadian Natural Resources Ltd go to 10.03%.

Insider trade positions for Canadian Natural Resources Ltd [CNQ]

There are presently around $77.47%, or 79.17% of CNQ stock, in the hands of institutional investors. The top three institutional holders of CNQ stocks are: CAPITAL WORLD INVESTORS with ownership of 290.59 million shares, which is approximately 13.6214%. ROYAL BANK OF CANADA, holding 114.83 million shares of the stock with an approximate value of $$4.09 billion in CNQ stocks shares; and ROYAL BANK OF CANADA, currently with $$3.98 billion in CNQ stock with ownership which is approximately 5.2335%.

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