ATB Cormark Capital Markets Upgrades Suncor Energy (NYSE:SU) to Moderate Buy

Suncor Energy (NYSE:SU) (TSE:SU) was upgraded by analysts at ATB Cormark Capital Markets from a “hold” rating to a “moderate buy” rating in a research report issued on Wednesday,Zacks.com reports.

A number of other brokerages also recently commented on SU. Weiss Ratings restated a “buy (b)” rating on shares of Suncor Energy in a research note on Monday, December 29th. Royal Bank Of Canada raised their price target on Suncor Energy from $69.00 to $75.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. The Goldman Sachs Group boosted their price objective on Suncor Energy from $66.00 to $73.00 and gave the company a “buy” rating in a research report on Wednesday. Wall Street Zen downgraded Suncor Energy from a “buy” rating to a “hold” rating in a research note on Sunday, December 28th. Finally, JPMorgan Chase & Co. raised Suncor Energy from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $46.15 to $54.00 in a research report on Tuesday, January 20th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $72.00.

Suncor Energy Trading Up 1.5%

Suncor Energy stock opened at $65.89 on Wednesday. Suncor Energy has a 1 year low of $30.79 and a 1 year high of $67.76. The firm’s 50-day moving average is $57.83 and its 200-day moving average is $48.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.89 and a current ratio of 1.39. The company has a market cap of $78.41 billion, a P/E ratio of 18.99 and a beta of 0.32.

Suncor Energy (NYSE:SU) (TSE:SU) last announced its quarterly earnings data on Tuesday, February 3rd. The oil and gas producer reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $8.79 billion. Suncor Energy had a net margin of 11.99% and a return on equity of 12.51%. During the same quarter in the prior year, the firm earned $1.25 EPS. On average, equities analysts expect that Suncor Energy will post 3.42 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SU. Fisher Asset Management LLC grew its stake in shares of Suncor Energy by 85.5% in the third quarter. Fisher Asset Management LLC now owns 15,530,965 shares of the oil and gas producer’s stock worth $649,350,000 after purchasing an additional 7,158,953 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Suncor Energy by 7,636.8% during the fourth quarter. AQR Capital Management LLC now owns 6,016,483 shares of the oil and gas producer’s stock valued at $267,042,000 after purchasing an additional 5,938,719 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Suncor Energy by 62.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 13,335,239 shares of the oil and gas producer’s stock worth $557,682,000 after purchasing an additional 5,113,280 shares during the period. FIL Ltd lifted its holdings in Suncor Energy by 14.0% in the fourth quarter. FIL Ltd now owns 21,050,387 shares of the oil and gas producer’s stock worth $934,312,000 after purchasing an additional 2,592,516 shares during the period. Finally, Canada Pension Plan Investment Board grew its position in Suncor Energy by 29.5% in the 2nd quarter. Canada Pension Plan Investment Board now owns 10,555,381 shares of the oil and gas producer’s stock valued at $395,649,000 after buying an additional 2,406,000 shares in the last quarter. Institutional investors and hedge funds own 67.37% of the company’s stock.

Key Suncor Energy News

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

• Positive Sentiment: Royal Bank of Canada raised its price target sharply to $89 and kept an “outperform” rating, implying substantial upside versus the recent share price; this is a clear catalyst for momentum buying. Article Title
• Positive Sentiment: ATB Cormark upgraded Suncor from “hold” to “moderate buy,” adding another analyst endorsement that supports continued buying interest. Article Title Article Title
• Positive Sentiment: Goldman Sachs raised its price target (to $73) and maintained a buy stance — another institutional signal likely supporting further upside. Article Title
• Positive Sentiment: Zacks upgraded Suncor to a Rank #2 (Buy) and several pieces flagged Suncor as a top-ranked momentum stock, reinforcing momentum-driven flows. Article Title
• Positive Sentiment: Suncor increased its 2026 buyback program and signaled a lower breakeven target — shareholder-friendly capital returns that tend to support the stock. Article Title
• Neutral Sentiment: Valuation/rotation coverage: multiple finance pieces are asking whether Suncor’s strong multi‑year rally leaves room for more gains (detailed performance metrics and valuation discussion). These articles increase investor attention but present mixed conclusions. Article Title Article Title
• Negative Sentiment: Unusually large put-option volume (about 28,315 puts vs typical ~914) was traded — a ~3,000% spike — which can reflect hedging or speculative bearish bets and may increase volatility or signal short-term downside risk. Article Title

Suncor Energy Company Profile

Suncor Energy Inc is a Canadian integrated energy company headquartered in Calgary, Alberta. The company’s operations span the full oil and gas value chain, with principal activities in oil sands development and production, conventional exploration and production, refining, distribution and retail marketing of petroleum products. Suncor supplies crude, synthetic crude and refined fuels as well as related products and services to commercial and consumer markets.

Upstream, Suncor is a major developer and operator of oil sands projects in Alberta, using both mining and in situ technologies to produce bitumen and synthetic crude.