Suncor Energy Receives Average Rating of “Buy” from Analysts (NYSE:SU)
Suncor Energy (NYSE:SU) has earned an average recommendation of “Buy” from the thirteen analysts that are presently covering the company, Stock Ratings Network reports. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $45.17.
SU has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Suncor Energy in a research note on Wednesday, July 9th. They now have a $45.00 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, June 10th. They now have a $48.00 price target on the stock. Finally, analysts at Stifel Nicolaus upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, June 10th. They now have a $48.00 price target on the stock.
Suncor Energy (NYSE:SU) opened at 41.58 on Friday. Suncor Energy has a 52 week low of $31.30 and a 52 week high of $43.49. The stock has a 50-day moving average of $41.60 and a 200-day moving average of $36.77. The company has a market cap of $61.055 billion and a price-to-earnings ratio of 15.48.
Suncor Energy (NYSE:SU) last issued its quarterly earnings data on Monday, April 28th. The company reported $1.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.92 by $0.19. Analysts expect that Suncor Energy will post $3.99 EPS for the current fiscal year.
Suncor Energy Inc (NYSE:SU) is an integrated energy company.
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