Analysts Consensus Rates Canadian Natural Resources Limited (CNQ) as Moderate Buy

Canadian Natural Resources Limited (NYSE:CNQ) is among the best safe stocks to buy now. According to a MarketBeat report, twelve firms have assigned a rating of “Moderate Buy” to Canadian Natural Resources Limited (NYSE:CNQ). While three analysts have issued a hold rating, eight recommended buying the stock, and the last one has a “Strong Buy” advice.

This year, Canadian Natural Resources Limited (NYSE:CNQ) is focusing on investments in new production and exploration capacity, particularly in North America, a location where the company made a key acquisition last year. We have witnessed the company’s success in expanding its production volume over time, all of which is due to the company’s targeted takeovers.

But what investors like most is the company’s ability to pay dividends. Canadian Natural Resources Limited (NYSE:CNQ) is considered a dividend play with its 5.40% forward dividend yield and a 20-year long history of steady dividend growth.

Canadian Natural Resources Limited (NYSE:CNQ), incorporated in 1973, is a company that specializes in crude oil, natural gas, and natural gas liquids (NGLs). This Canadian company is focused on shareholder value through responsible and effective resource provision.

While we acknowledge the potential of CNQ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.