Suncor Energy Given Average Rating of “Buy” by Analysts (NYSE:SU)
Suncor Energy (NYSE:SU) has been given an average recommendation of “Buy” by the fourteen brokerages that are presently covering the stock, American Banking and Market News reports. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $42.88.
Suncor Energy (NYSE:SU) opened at 37.15 on Friday. Suncor Energy has a 52-week low of $28.32 and a 52-week high of $37.75. The stock’s 50-day moving average is $34.6 and its 200-day moving average is $34.45. The company has a market cap of $54.649 billion and a price-to-earnings ratio of 14.02.
Suncor Energy (NYSE:SU) last announced its earnings results on Monday, February 3rd. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by $0.14. Analysts expect that Suncor Energy will post $3.62 EPS for the current fiscal year.
A number of analysts have recently weighed in on SU shares. Analysts at Zacks reiterated a “neutral” rating on shares of Suncor Energy in a research note on Monday. They now have a $39.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Suncor Energy in a research note on Thursday, April 17th. They now have a $44.00 price target on the stock. Finally, analysts at TheStreet upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a research note on Thursday, April 3rd.
Suncor Energy Inc (NYSE:SU) is an integrated energy company.
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