Suncor Energy’s Outperform Rating Reaffirmed at RBC Capital (SU)
Suncor Energy (TSE:SU)‘s stock had its “outperform” rating restated by research analysts at RBC Capital in a report released on Wednesday, AnalystRatingsNetwork.com reports. They currently have a C$42.00 target price on the stock. RBC Capital’s target price would indicate a potential upside of 12.30% from the company’s current price.
SU has been the subject of a number of other recent research reports. Analysts at CIBC reiterated a “sector outperform” rating on shares of Suncor Energy (TSE:SU) in a research note to investors on Wednesday, July 10th. They now have a C$45.00 price target on the stock. Analysts at Credit Suisse initiated coverage on shares of Suncor Energy (TSE:SU) in a research note to investors on Tuesday, July 2nd. They set an “outperform” rating and a C$45.00 price target on the stock.
Six equities research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus price target of C$42.88.
Suncor Energy (TSE:SU) traded up 1.14% during mid-day trading on Wednesday, hitting $37.40. 3,319,377 shares of the company’s stock traded hands. Suncor Energy has a 52-week low of $27.50 and a 52-week high of $37.63. The stock has a 50-day moving average of $35.18 and a 200-day moving average of $32.14. The company has a market cap of $56.139 billion and a P/E ratio of 20.21.
Suncor Energy Inc (TSE:SU) is an integrated energy company.
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