Wells Fargo Downgrades Canadian Natural Res (CNQ); Shorts at 58com (WUBA) Lowered By 11.96%

58com Incorporated (NYSE:WUBA) had a decrease of 11.96% in short interest. WUBA’s SI was 4.04M shares in February as released by FINRA. Its down 11.96% from 4.59M shares previously. With 1.15 million avg volume, 4 days are for 58com Incorporated (NYSE:WUBA)’s short sellers to cover WUBA’s short positions. The stock decreased 3.46% or $2.53 during the last trading session, reaching $70.59. About 974,322 shares traded. 58.com Inc. (NYSE:WUBA) has declined 14.06% since February 8, 2017 and is downtrending. It has underperformed by 30.76% the S&P500.

Among 14 analysts covering Canadian Natural Resources Limited (NYSE:CNQ), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Canadian Natural Resources Limited has $60 highest and $21 lowest target. $40.60’s average target is 32.29% above currents $30.69 stock price. Canadian Natural Resources Limited had 31 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Tuesday, January 12 by Morgan Stanley. Citigroup downgraded the shares of CNQ in report on Friday, July 21 to “Neutral” rating. The firm earned “Buy” rating on Friday, August 19 by Bank of America. As per Wednesday, September 9, the company rating was upgraded by Raymond James. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, July 19. As per Thursday, June 16, the company rating was maintained by RBC Capital Markets. The company was upgraded on Friday, August 5 by Macquarie Research. The stock has “” rating by Raymond James on Friday, August 7. On Friday, December 16 the stock rating was initiated by Wells Fargo with “Outperform”. Citigroup maintained it with “Neutral” rating and $23 target in Monday, September 14 report.

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 $36.35 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 17.19 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.

Analysts await Canadian Natural Resources Limited (NYSE:CNQ) to report earnings on March, 1. They expect $0.25 EPS, down 34.21% or $0.13 from last year’s $0.38 per share. CNQ’s profit will be $296.11 million for 30.69 P/E if the $0.25 EPS becomes a reality. After $0.08 actual EPS reported by Canadian Natural Resources Limited for the previous quarter, Wall Street now forecasts 212.50% EPS growth.

The stock decreased 3.88% or $1.24 during the last trading session, reaching $30.69. About 5.51M shares traded or 152.81% up from the average. Canadian Natural Resources Limited (NYSE:CNQ) has risen 10.32% since February 8, 2017 and is uptrending. It has underperformed by 6.38% the S&P500.