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Cnq stock price forecast institutional investors consider CNQ
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Institutional investors consider CNQ stock price forecast favorable as hedge funds increase long positions; pipeline expansion projects and LNG investments add mid-term value potential. Looking at the shareholder registry, we can see that 51% of the ownership is controlled by the top 16 shareholders, meaning that no single shareholder has a majority interest in the ownership. We have seen 312 institutional investors add shares of $CNQ stock to their portfolio, and 265 decrease their positions in their most recent quarter. With geopolitical factors influencing oil supply, CNQ stock price forecast gains momentum, particularly as Canadian export capacity improves; consensus maintains bullish rating for next 12 months.