Canadian Natural Stock Target Price and Analyst Consensus
| CNQ Stock | USD 31.12 0.32 1.04% |
The current analyst and expert consensus on Canadian Natural is Buy with 10 hold recommendations. The current projected Canadian Natural target price consensus is 38.30 with 23 analyst opinions. One of the most common ways Canadian Natural Res analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Canadian Natural vendors, executives, and/or customers. Canadian Natural recommendation module provides expert sentiment on the projected Canadian Natural Res target price to derive its highest and lowest estimates based on target price standard deviation of 1.4805.
Lowest Forecast 34.86 | Highest Forecast 42.52 | Target Price 38.3 |
Canadian |
It's important to approach Canadian Natural's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Canadian Natural Target Price Consensus
Canadian target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Canadian Natural's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 23 | Buy |
Most Canadian analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Canadian stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Canadian Natural Res, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCanadian Natural Target Price Projection
Canadian Natural's current and average target prices are 31.12 and 38.30, respectively. The current price of Canadian Natural is the price at which Canadian Natural Resources is currently trading. On the other hand, Canadian Natural's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Canadian Natural Market Quote on 18th of January 2025
Target Price
Analyst Consensus On Canadian Natural Target Price
Canadian Natural Analyst Ratings
Canadian Natural's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Canadian Natural stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Canadian Natural's financials, market performance, and future outlook by experienced professionals. Canadian Natural's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Canadian Natural price targets
Canadian Natural's stock target price is an estimate of its future price, usually made by analysts. Using Canadian Natural's target price to determine if it is a suitable investment can be done through the following steps:- Look at Canadian Natural's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Canadian Natural's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Canadian Natural Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Canadian Natural is a key component of Canadian Natural valuation and have some predictive power on the future returns of a Canadian Natural.Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | USD Crypto Fund Invested less than 1 share | |
 | Macroaxis Index Invested over 10K shares | |
 | Chemicals Invested over 40 shares | |
 | Banking Invested over 40 shares |
Additional Tools for Canadian Stock Analysis
When running Canadian Natural's price analysis, check to measure Canadian Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.