/Oregon Public Employees Retirement Fund Has Lifted Intl Business Machines (IBM) Stake By $14.26 Million; 3 Bullish Analysts Covering Canadian Natural Resources Limited (CNQ) (via Qpute.com)
Canadian Natural Resources Limited (NYSE:CNQ) Logo

Oregon Public Employees Retirement Fund Has Lifted Intl Business Machines (IBM) Stake By $14.26 Million; 3 Bullish Analysts Covering Canadian Natural Resources Limited (CNQ) (via Qpute.com)


Canadian Natural Resources Limited (NYSE:CNQ) Logo

Among 4 analysts covering Canadian Natural Res (NYSE:CNQ), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Canadian Natural Res had 10 analyst reports since November 20, 2018 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, December 7 by Citigroup. As per Tuesday, November 20, the company rating was maintained by Morgan Stanley. See Canadian Natural Resources Limited (NYSE:CNQ) latest ratings:

03/04/2019 Broker: Evercore Old Rating: In-Line New Rating: Outperform Upgrade
21/03/2019 Broker: Scotia Capital Rating: Buy Maintain
13/03/2019 Broker: Macquarie Research Rating: Buy Maintain
12/03/2019 Broker: Mizuho Rating: Buy New Target: $45 Initiates Coverage On
08/03/2019 Broker: GMP Securities Rating: Buy Maintain
08/03/2019 Broker: Barclays Capital Rating: Buy Maintain
05/03/2019 Broker: RBC Capital Markets Rating: Buy Maintain
28/01/2019 Broker: Credit Suisse Rating: Outperform Initiates Coverage On
07/12/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $38 New Target: $29 Maintain
20/11/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $60 New Target: $50 Maintain

Oregon Public Employees Retirement Fund increased Intl Business Machines Corp (IBM) stake by 36.75% reported in 2018Q4 SEC filing. Oregon Public Employees Retirement Fund acquired 126,177 shares as Intl Business Machines Corp (IBM)’s stock rose 12.54%. The Oregon Public Employees Retirement Fund holds 469,555 shares with $53.37 million value, up from 343,378 last quarter. Intl Business Machines Corp now has $125.72B valuation. The stock increased 0.72% or $1.01 during the last trading session, reaching $141.28. About 599,868 shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since May 1, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 08/03/2018 – IBM Targets Long-Term EPS Growth in High-Single-Digits; 14/03/2018 – IBM Study: Responding to Cybersecurity lncidents Still a Major Challenge for Businesses; 11/04/2018 – Pelco and IBM Combine Powerful Camera and Video Management Systems Technology with Intelligent Video Analytics; 17/04/2018 – IBM Turnaround Questioned on Slower Growth of New Businesses; 11/04/2018 – Silicon Valley Company Announces IBM General Manager as its CEO; 15/03/2018 – Help from MasterCard and IBM on EU data rules; 19/03/2018 – WlSeKey and IBM To Showcase Their integrated Solution to Secure IoT at THINK2018 Conference; 10/05/2018 – WRAL NEWS in NC: #BREAKING: IBM chooses NC State as partner for first IBM Quantum Computing Hub in North America; 04/05/2018 – Warren Buffett says Berkshire Hathaway has sold completely out of IBM; 17/04/2018 – Bloomberg TV: Breaking down IBM’s first-quarter results

The stock decreased 1.23% or $0.37 during the last trading session, reaching $29.61. About 883,820 shares traded. Canadian Natural Resources Limited (NYSE:CNQ) has declined 12.14% since May 1, 2018 and is downtrending. It has underperformed by 16.51% the S&P500. Some Historical CNQ News: 07/05/2018 – CORRECT: SHELL TO SELL STAKE IN CANADIAN NATURAL FOR $3.3B; 07/05/2018 – Shell Sells Its Interest In Canadian Natural Resources Limited; 16/05/2018 – Canadian Natural Resources Limited Announces Normal Course Issuer Bid; 03/05/2018 – CANADIAN NATURAL RESOURCES CONFIDENT ALL THREE CANADIAN PIPELINE PROJECTS WILL BE BUILT – EXECUTIVE VICE-CHAIRMAN; 03/05/2018 – Canadian Natural 1Q Adj EPS C$0.71; 27/03/2018 – Report: Exploring Fundamental Drivers Behind Cheetah Mobile, AngloGold Ashanti, Canadian Natural Resources, BHP Billiton, Infos; 08/05/2018 – REG-ROYAL DUTCH SHELL: SHELL SELLS INTEREST IN CANADIAN NATURAL RESOURCES LTD; 03/05/2018 – Canadian Natural 1Q Net C$583M; 07/05/2018 – Shell to Sell Canadian Natural Resources Stake for $3.3 Billion; 03/05/2018 – Canadian Natural Resources to limit output during oil transport crunch

More notable recent Canadian Natural Resources Limited (NYSE:CNQ) news were published by: Globenewswire.com which released: “Report: Developing Opportunities within Canadian Natural Resources, Eaton Vance, BJ’s Restaurants, and Canon — Future Expectations, Projections Moving into 2019 – GlobeNewswire” on April 30, 2019, also Fool.ca with their article: “Top Stocks for May 2019 – The Motley Fool Canada” published on May 01, 2019, Fool.ca published: “Investor Alert: 2 Top Canadian Energy Stocks That Are Heading Much Higher – The Motley Fool Canada” on April 17, 2019. More interesting news about Canadian Natural Resources Limited (NYSE:CNQ) were released by: Fool.ca and their article: “3 Top Energy Stocks That Could Keep Your TFSA Cash Rich – The Motley Fool Canada” published on April 08, 2019 as well as Fool.ca‘s news article titled: “Get Rich From 3 Stocks That Are Still Somehow Undervalued – The Motley Fool Canada” with publication date: April 21, 2019.

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids . The company has market cap of $35.80 billion. The firm offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO). It has a 12.83 P/E ratio. The Company’s midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose.

Among 4 analysts covering IBM (NYSE:IBM), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. IBM had 7 analyst reports since November 26, 2018 according to SRatingsIntel. The firm has “Neutral” rating by Citigroup given on Wednesday, April 17. The stock of International Business Machines Corporation (NYSE:IBM) earned “Outperform” rating by RBC Capital Markets on Monday, December 17. The company was maintained on Wednesday, April 17 by BMO Capital Markets. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by RBC Capital Markets on Monday, November 26.

Oregon Public Employees Retirement Fund decreased General Motors Co (NYSE:GM) stake by 197,568 shares to 1.02M valued at $34.06 million in 2018Q4. It also reduced Spirit Aerosystems Hold Cl A (NYSE:SPR) stake by 18,090 shares and now owns 16,370 shares. Public Storage (NYSE:PSA) was reduced too.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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