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Suncor Energy (NYSE:SU) was downgraded by analysts at TheStreet from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, reports.

The analysts wrote, “Suncor Energy (SU) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we find that the company’s profit margins have been poor overall.”

A number of other firms have also recently commented on SU. Analysts at Canaccord Genuity cut their price target on shares of Suncor Energy to $45.00 in a research note on Wednesday, February 5th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Suncor Energy in a research note on Wednesday, January 29th. They now have a $35.00 price target on the stock. Finally, analysts at Raymond James initiated coverage on shares of Suncor Energy in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $44.00 price target on the stock. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $42.88.

Shares of Suncor Energy (NYSE:SU) traded up 0.58% during mid-day trading on Wednesday, hitting $32.93. 1,317,990 shares of the company’s stock traded hands. Suncor Energy has a one year low of $26.83 and a one year high of $37.00. The stock has a 50-day moving average of $33.70 and a 200-day moving average of $34.51. The company has a market cap of $48.681 billion and a price-to-earnings ratio of 12.35.

Suncor Energy (NYSE:SU) last released its earnings data on Monday, February 3rd. The company reported $0.65 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.79 by $0.14. Analysts expect that Suncor Energy will post $3.45 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, March 25th. Stockholders of record on Tuesday, March 4th will be given a dividend of $0.2059 per share. This represents a $0.82 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend is Friday, February 28th.

Suncor Energy Inc (NYSE:SU) is an integrated energy company.

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