Suncor Energy (SU) Posts Quarterly Earnings, Misses Expectations By $0.17 EPS
Suncor Energy (TSE:SU) announced its earnings results on Friday. The company reported $0.77 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.94 by $0.17, Analyst RN reports.
Shares of Suncor Energy (TSE:SU) opened at 44.77 on Friday. Suncor Energy has a 52-week low of $32.93 and a 52-week high of $47.18. The stock has a 50-day moving average of $45.35 and a 200-day moving average of $40.62. The company has a market cap of $65.739 billion and a P/E ratio of 15.79.
A number of research firms have recently commented on SU. Analysts at Raymond James raised their price target on shares of Suncor Energy from C$51.00 to C$55.00 in a research note on Monday, July 7th. They now have an “outperform” rating on the stock. Analysts at FirstEnergy Capital downgraded shares of Suncor Energy from an “outperform” rating to a “market perform” rating in a research note on Wednesday, May 7th. They now have a C$45.00 price target on the stock, up previously from C$43.00. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of C$50.06.
Suncor Energy Inc (TSE:SU) is an integrated energy company.
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