Suncor Energy (TSE:SU) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Suncor Energy (TSE:SU) (NYSE:SU) had its target price hoisted by analysts at Royal Bank Of Canada from C$69.00 to C$75.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 2.10% from the stock’s current price.

SU has been the subject of a number of other reports. Scotiabank lifted their target price on shares of Suncor Energy from C$62.00 to C$70.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 20th. Desjardins upped their price objective on shares of Suncor Energy from C$74.00 to C$79.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Gerdes Energy Research increased their target price on shares of Suncor Energy from C$75.00 to C$78.00 in a research report on Monday, November 10th. 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. Finally, UBS Group increased their price objective on Suncor Energy from C$61.00 to C$65.00 in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$72.79.

Suncor Energy Trading Up 1.0%

Shares of TSE:SU opened at C$73.46 on Thursday. The firm has a fifty day moving average of C$64.57 and a two-hundred day moving average of 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 has a 12-month low of C$43.59 and a 12-month high of C$75.50. The firm has a market capitalization of C$87.68 billion, a P/E ratio of 15.15, a price-to-earnings-growth ratio of 0.15 and a beta of 0.89.

Suncor Energy (TSE:SU) (NYSE:SU) last released its quarterly earnings data 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%. On average, equities analysts expect that Suncor Energy will post 4.4208333 EPS for the current fiscal year.

Insider Activity

In related news, insider Troy Ward Little sold 8,711 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of C$62.61, for a total value of C$545,395.71. Also, insider Peter Douglas Zebedee sold 43,364 shares of Suncor Energy stock in a transaction dated Monday, November 17th. The stock was sold at an average price of C$62.53, for a total value of C$2,711,550.92. Over the last 90 days, insiders sold 164,675 shares of company stock valued at $10,208,871. Insiders own 0.01% of the company’s stock.

Key Stories Impacting Suncor Energy

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.