Suncor Energy Hits New 12-Month High at $40.16 (SU)
Suncor Energy (NYSE:SU)’s share price reached a new 52-week high on Tuesday , Analyst Ratings News reports. The stock traded as high as $40.16 and last traded at $39.83, with a volume of 1,880,153 shares traded. The stock had previously closed at $39.77.
SU has been the subject of a number of recent research reports. Analysts at Stifel upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a research note on Tuesday. They now have a $48.00 price target on the stock. Separately, analysts at Stifel Nicolaus upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a research note on Tuesday. They now have a $48.00 price target on the stock. Finally, analysts at FirstEnergy Capital downgraded shares of Suncor Energy to a “market perform” rating in a research note on Wednesday, May 7th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $44.75.
The stock has a 50-day moving average of $38.67 and a 200-day moving average of $35.1. The company has a market cap of $58.867 billion and a P/E ratio of 15.04.
Suncor Energy (NYSE:SU) last announced its earnings results on Monday, April 28th. The company reported $1.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.92 by $0.19. Analysts expect that Suncor Energy will post $3.90 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 25th. Investors of record on Wednesday, June 4th will be given a dividend of $0.2085 per share. This represents a $0.83 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Monday, June 2nd.
Suncor Energy Inc (NYSE:SU) is an integrated energy company.
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