Canadian Natural Stock Target Price and Analyst Consensus

CNQ Stock  CAD 105.31  0.53  0.50%   
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.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canadian Natural's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
103.90105.38106.86
Details
Intrinsic
Valuation
LowRealHigh
94.78118.90120.38
Details
Naive
Forecast
LowNextHigh
100.13101.61103.10
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.351.551.88
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canadian Natural. Your research has to be compared to or analyzed against Canadian Natural's peers to derive any actionable benefits. When done correctly, Canadian Natural's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Canadian Natural Res.

Trending Themes

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When determining whether Canadian Natural Res is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Natural Resources Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Natural Resources Stock:
Check out Macroaxis Advice on Canadian Natural to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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.
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The data published in Canadian Natural's official financial statements usually reflect Canadian Natural's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Canadian Natural Res. For example, before you start analyzing numbers published by Canadian accountants, it's critical to develop an understanding of what Canadian Natural's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Canadian Natural's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Canadian Natural's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Canadian Natural's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Canadian Natural Resources. Please utilize our Beneish M Score to check the likelihood of Canadian Natural's management manipulating its earnings.