Suncor Energy (TSE:SU) Stock Price Expected to Rise, ATB Capital Analyst Says

Suncor Energy (TSE:SU) (NYSE:SU) had its target price upped by research analysts at ATB Capital from C$68.00 to C$71.00 in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. ATB Capital’s price target would indicate a potential downside of 3.35% from the company’s current price.

Other equities analysts have also issued reports about the stock. BMO Capital Markets lifted their price objective on shares of Suncor Energy from C$69.00 to C$85.00 and gave the company an “outperform” rating in a report on Wednesday. JPMorgan Chase & Co. boosted their price target on Suncor Energy from C$59.00 to C$64.00 in a research report on Thursday, November 6th. Royal Bank Of Canada raised their price objective on Suncor Energy from C$69.00 to C$75.00 and gave the company an “outperform” rating in a research report on Thursday. UBS Group boosted their target price on shares of Suncor Energy from C$61.00 to C$65.00 in a report on Wednesday, November 5th. Finally, Wells Fargo & Company set a C$57.00 price target on shares of Suncor Energy and gave the company an “equal weight” rating in a report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$72.79.

Suncor Energy Stock Performance

SU stock opened at C$73.46 on Thursday. The firm has a market cap of C$87.68 billion, a price-to-earnings ratio of 15.15, a PEG ratio of 0.15 and a beta of 0.89. Suncor Energy has a twelve month low of C$43.59 and a twelve month high of C$75.50. The business’s fifty day simple moving average is C$64.57 and its two-hundred day simple moving average is C$59.60. The company has a quick ratio of 0.83, a current ratio of 1.59 and a debt-to-equity ratio of 33.35.

Suncor Energy (TSE:SU) (NYSE:SU) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported C$1.10 earnings per share (EPS) for the quarter. Suncor Energy had a return on equity of 18.10% and a net margin of 15.15%. Analysts predict that Suncor Energy will post 4.4208333 earnings per share for the current year.

Insider Transactions at Suncor Energy

In other news, insider Peter Douglas Zebedee sold 43,364 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of C$62.53, for a total value of C$2,711,550.92. Also, insider Kristopher Peter Smith sold 112,600 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of C$61.74, for a total transaction of C$6,951,924.00. Following the transaction, the insider directly owned 48,482 shares of the company’s stock, valued at approximately C$2,993,278.68. This trade represents a 69.90% decrease in their position. Insiders sold a total of 164,675 shares of company stock worth $10,208,871 over the last three months. 0.01% of the stock is currently owned by insiders.

More Suncor Energy News

Here are the key news stories impacting Suncor Energy this week:

• Positive Sentiment: Suncor beat Q4 expectations and reported record quarterly production despite weak oil prices — supports near‑term cash flow and demonstrates operational resilience. Read More. Read More.
• Positive Sentiment: Multiple brokerages raised targets/ratings — notably Desjardins, BMO, National Bank and others lifted targets into the C$75–85 range (Desjardins and BMO to C$85, Raymond James to C$76, RBC to C$75). These upgrades and higher targets drive buy‑side momentum and helped push the shares to a one‑year high. Read More. Read More. Read More.
• Neutral Sentiment: TD Securities commentary flagged upside potential for the shares — supportive for sentiment but dependent on oil-price and production execution. Read More.
• Negative Sentiment: ATB Capital left a lower relative view (price target C$71, “sector perform”), implying limited near‑term upside versus peers — a cautionary datapoint amid the upbeat upgrades. Read More.

About Suncor Energy

Suncor Energy Inc is an integrated energy company. The company’s operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company’s PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.