Suncor Energy (TSE:SU – Get Rating) (NYSE:SU) had its price target lifted by Raymond James from C$50.00 to C$53.00 in a research report report published on Tuesday morning, BayStreet.CA reports. The brokerage currently has a market perform rating on the stock.
Other analysts have also issued reports about the company. Scotiabank lowered their price objective on Suncor Energy from C$57.00 to C$56.00 in a research report on Thursday, October 13th. Jefferies Financial Group set a C$44.00 target price on Suncor Energy and gave the company a hold rating in a research note on Wednesday, October 19th. JPMorgan Chase & Co. upped their price objective on Suncor Energy from C$49.00 to C$50.00 in a research note on Monday. CIBC decreased their target price on Suncor Energy from C$65.00 to C$60.00 in a report on Friday, October 7th. Finally, Credit Suisse Group reaffirmed an outperform rating and issued a C$63.00 price objective on shares of Suncor Energy in a report on Thursday, August 11th. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Suncor Energy presently has an average rating of Moderate Buy and an average target price of C$50.89.
Suncor Energy Stock Performance
SU opened at C$48.33 on Tuesday. The firm has a market capitalization of C$65.20 billion and a P/E ratio of 7.40. The stock’s 50 day moving average price is C$43.00 and its two-hundred day moving average price is C$44.37. The company has a quick ratio of 0.84, a current ratio of 1.26 and a debt-to-equity ratio of 50.42. Suncor Energy has a 12-month low of C$28.77 and a 12-month high of C$53.62.
Insider Buying and Selling at Suncor Energy
Suncor Energy Company Profile
Suncor Energy Inc operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, transports, refines, and markets crude oil in Canada and internationally; markets petroleum and petrochemical products under the Petro-Canada name primarily in Canada.
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