Suncor Energy (TSE:SU) Given New C$85.00 Price Target at BMO Capital Markets

Suncor Energy (TSE:SU) (NYSE:SU) had its price objective raised by BMO Capital Markets from C$69.00 to C$85.00 in a research report report published on Wednesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

SU has been the topic of several other reports. TD Securities lifted their price objective on shares of Suncor Energy from C$74.00 to C$81.00 in a report on Wednesday. UBS Group lifted their price target on Suncor Energy from C$61.00 to C$65.00 in a report on Wednesday, November 5th. Raymond James Financial boosted their price target on Suncor Energy from C$70.00 to C$75.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 7th. Desjardins raised their price objective on Suncor Energy from C$74.00 to C$79.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Finally, National Bankshares lifted their target price on Suncor Energy from C$72.00 to C$85.00 and gave the company an “outperform” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$71.29.

Suncor Energy Stock Performance

SU stock opened at C$72.00 on Wednesday. Suncor Energy has a 1-year low of C$43.59 and a 1-year high of C$75.50. The business has a 50-day moving average price of C$64.15 and a 200 day moving average price of C$59.37. The company has a market capitalization of C$86.49 billion, a P/E ratio of 16.78, a PEG ratio of 0.15 and a beta of 0.89. The company has a debt-to-equity ratio of 33.35, a current ratio of 1.59 and a quick ratio of 0.83.

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

Suncor Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 24th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Wednesday, December 3rd. This is a positive change from Suncor Energy’s previous quarterly dividend of $0.57. Suncor Energy’s payout ratio is 53.15%.

Insider Activity at Suncor Energy

In other Suncor Energy news, insider Troy Ward Little sold 8,711 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of C$62.61, for a total value of C$545,395.71. Also, insider Kristopher Peter Smith sold 112,600 shares of the business’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of C$61.74, for a total value of C$6,951,924.00. Following the sale, the insider owned 48,482 shares in the company, valued at C$2,993,278.68. The trade was a 69.90% decrease in their position. Insiders have sold 164,675 shares of company stock valued at $10,208,871 in the last ninety days. Corporate insiders own 0.01% of the company’s stock.

Key Suncor Energy News

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

• Positive Sentiment: Quarterly results showed operating strength — Suncor reported C$1.10 EPS for Q4 and said oil production hit a quarterly record, signaling improved downstream/upstream throughput and unit economics despite a softer commodity backdrop. Article Title Earnings Detail
• Positive Sentiment: Analyst upgrades — BMO raised its price target to C$85 and set an “outperform” rating, signaling stronger buy-side conviction and upward revision to consensus valuation. Article Title
• Positive Sentiment: More upward revisions — TD Securities lifted its target to C$81 and National Bankshares also boosted its target to C$85 (both with outperform views), increasing analyst-implied upside. Article Title
• Neutral Sentiment: Valuation and liquidity context — Suncor trades with a P/E around 16.8, a PEG near 0.15 and market cap ~C$86.5B; heavy intraday volume today suggests the earnings and upgrades are attracting active repositioning rather than a clear directional trade. (Source: Market data)
• Negative Sentiment: Commodity headwind — Coverage and reporting note that oil prices remain weak, which constrains revenue and free cash flow despite higher output; investors will watch realized prices and refining margins in coming quarters. Article Title

Suncor Energy Company Profile

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.