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Is this Large Market Cap Stock target price reasonable for Canadian Natural Resources Limited (NYSE:CNQ)?

The company in question is, Canadian Natural Resources Limited (NYSE:CNQ) currently with a stock price of 32.13 (-0.89% today). The market cap for Canadian Natural Resources Limited is 35805.99, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for Canadian Natural Resources Limited is 35.28. Currently Canadian Natural Resources Limited is trading with a P/E of *TBA, and a forward P/E of 33.5. Average volume for Canadian Natural Resources Limited is 2164.32 and so far today it is 2385900.

Performance in the last year for Canadian Natural Resources Limited has been 38.30%. For EPS growth, Canadian Natural Resources Limited has seen a growth of -116.30%, and is looking to grow in the next year to 266.70%. More long term stats show that EPS growth has been -18.90% over the last five years and could be 76.03% for the next five years. Canadian Natural Resources Limited has seen sales growth quarter over quarter at -25.40%, with EPS growth quarter over quarter at 16.60%. The 20-day simple moving average is 2.81%, with the 200-day simple moving average coming to 17.35%.

Since the IPO date for Canadian Natural Resources Limited on the 7/31/2000, Canadian Natural Resources Limited has seen performance year to date to be 49.96%. With Canadian Natural Resources Limited trading at 32.13, the dividend yield is 2.18%, and the EPS is -0.29.

So could Canadian Natural Resources Limited, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 4.44 and the P/B is at 1.79. The P/cash is 81.56, with P/free cash flow at *TBA.

Canadian Natural Resources Limited ability to deal with debt shows that the current ratio is 0.7, and the quick ratio is 0.6. This is with long term debt/equity at 0.57, and total debt/equity at 0.66.

In terms of margins, Canadian Natural Resources Limited has a gross margin of 39.70%, an operating margin of -10.30% and a profit margin of -4.00%.Payout ratio for Canadian Natural Resources Limited is *TBA. Return on assets come to -0.70% with return on investment coming to -1.40%.

Insider ownership for Canadian Natural Resources Limited, is at 3.30% and institutional ownership comes to 66.60%. Outstanding shares are at 1114.41. While shares float is 1075.59. The float short is currently 1.62%, and short ratio is 8.04.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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