National Bank analyst Travis Wood maintained a Buy rating on Canadian Natural (NYSE:CNQ) on Friday, setting a price target of C$40, which is approximately 54.54% above the present share price of $19.34.
Wood expects Canadian Natural to post earnings per share (EPS) of -$1.08 for the third quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Canadian Natural, with an average price target of $23.82.
The analysts price targets range from a high of $29.89 to a low of $18.68.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $4.65 billion and a net profit of -$117 million. The company's market cap is $23.52 billion.
According to TipRanks.com, National Bank analyst Travis Wood is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 10.1% and a 62.50% success rate.
Canadian Natural Resources Ltd . is a senior oil and natural gas production company. It engages in the exploration, development, marketing, and production of crude oil and natural gas. The company was founded on November 7, 1973 and is headquartered in Calgary, Canada.