Canadian Natural Resources (CNQ) Stock Forecast & Price Prediction

Estimation of the future price movement of Canadian Natural Resources stock, based on various factors such as historical price trends, market trends, company performance, and economic conditions.

Price target

Current $65.75

Concensus $53.45

Low $44.56

Median $52.92

High $63.66

Based on analysts projections #CNQ is expected to experience a price decline over the next year.

The current average CNQ price target, as estimated by these analysts, is $53.45.

The predictions for the future CNQ stock price range from a low of $44.56 to a high of $63.66, highlighting the variability of market expectations for CNQ.

It is important to note that market fluctuations and unforeseen events can have an impact on these projections, so investors should always exercise caution and conduct thorough research before making any investment decisions.

CNQ stock forecasts by analyst

Analyst / firm Date Rating Price target Price when posted
Stephen Richardson
Evercore ISI
March 4, 2022 Sell 57.00 58.39
Menno Hulshof
TD Securities
March 4, 2022 Buy 77.00 58.39
Dennis Fong
March 3, 2022 Buy 80.00 56.59
Devin McDermott
Morgan Stanley
January 25, 2022 Sell 64.00 50.19
Doug Leggate
Bank of America Securities
January 12, 2022 Buy 69.00 48.88
Roger Read
Wells Fargo
January 5, 2022 Sell 56.00 42.93

Canadian Natural Resources (CNQ) Fundamentals Checker

Financial metrics are used to evaluate financial stability which helps analysts determine if Canadian Natural Resources is undervalued compared to its fair value. A company's financial health can strongly influence the stock forecast.

Strong Buy

Financial Scores

Updated on: 29/11/2023

Altman Z-Score: 2.6

Piotroski Score: 7.0

ESG Score

Updated on: 29/11/2023

Environmental: 48.6

Social: 57.7

Governance: 56.3

Financial Health

Updated on: 29/11/2023

DCF: Strong Buy

ROE: Neutral

ROA: Neutral

Debt to equity ratio: Buy

Price to earnings ratio: Strong Buy

Price to book ratio: Strong Buy

CNQ Discounted Cash Flow

Updated on: 29/11/2023

Discounted Cash Flow Value

Current Price

CNQ Revenues by Segment

Updated on: 29/11/2023

Oil And Gas1

Revenue from Contract with Customer, Excluding Assessed Tax

CNQ Revenues by Region

Updated on: 29/11/2023

North Sea

CNQ Notes Due

Updated on: 29/11/2023


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Canadian Natural Resources (CNQ) Social Sentiments

Monitoring bullish and bearish sentiments towards Canadian Natural Resources on Twitter and Stocktwits could help to forecast an upward or downward trend in Canadian Natural Resources stock price.

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