TD Securities Boosts Suncor Energy (TSE:SU) Price Target to C$91.00

Suncor Energy (TSE:SU) (NYSE:SU) had its price objective hoisted by investment analysts at TD Securities from C$81.00 to C$91.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential downside of 0.78% from the company’s current price.

Other analysts have also issued reports about the company. Canadian Imperial Bank of Commerce boosted their price objective on Suncor Energy from C$70.00 to C$88.00 in a research note on Monday, March 2nd. Jefferies Financial Group raised their target price on Suncor Energy from C$66.00 to C$82.00 in a research note on Monday, March 16th. Royal Bank Of Canada lifted their target price on Suncor Energy from C$75.00 to C$89.00 in a report on Wednesday. Wells Fargo & Company upped their price target on Suncor Energy from C$74.00 to C$97.00 in a research report on Wednesday. Finally, National Bank Financial increased their price target on shares of Suncor Energy from C$85.00 to C$118.00 and gave the stock an “outperform” rating in a report on Tuesday. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$88.14.

Suncor Energy Stock Up 1.6%

SU opened at C$91.72 on Wednesday. Suncor Energy has a 12 month low of C$43.59 and a 12 month high of C$94.34. The company has a market cap of C$108.86 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of 0.15 and a beta of 0.75. The company has a current ratio of 1.39, a quick ratio of 0.83 and a debt-to-equity ratio of 40.74. The company has a 50 day moving average of C$79.17 and a 200 day moving average of C$66.71.

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. The business had revenue of C$12.04 billion for the quarter. Suncor Energy had a net margin of 12.10% and a return on equity of 13.17%. On average, sell-side analysts expect that Suncor Energy will post 4.4208333 EPS for the current year.

Suncor Energy News Roundup

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

• Positive Sentiment: BMO Capital Markets raised its price target to C$100 (large upside relative to prior target), signaling stronger earnings/cash‑flow expectations. BayStreet.CA
• Positive Sentiment: Wells Fargo lifted its target to C$97, another materially higher valuation that supports further upside. BayStreet.CA
• Positive Sentiment: TD Securities bumped its target to C$91 and moved to a “buy” rating — an endorsement that likely boosted buying interest. BayStreet.CA
• Positive Sentiment: ATB Cormark upgraded Suncor from “hold” to “moderate buy”, adding to the cluster of positive analyst moves. Zacks.com
• Positive Sentiment: Canadian Imperial Bank of Commerce raised its target to C$92, providing modest incremental upside support. BayStreet.CA
• Positive Sentiment: Analysts at Raymond James and National Bank Financial publicly said the stock is expected to rise, reinforcing bullish sentiment among investors. Raymond James: Stock Price Expected to Rise National Bank Financial: Stock Price Expected to Rise
• Positive Sentiment: Market note: Suncor reached a new 52‑week high following analyst upgrades, which tends to attract momentum flows. 52‑Week High Article
• Positive Sentiment: Operationally, Suncor outlined an increased production plan — a near‑term growth signal that supports higher cash generation. The Daily Chase: Suncor’s increased production plan
• Neutral Sentiment: Suncor is shifting more investment to in-situ production as a base plant mine runs dry — this is a strategic pivot that preserves volumes but may require capital and time. WealthProfessional: Suncor doubles down on in situ
• Negative Sentiment: Scotiabank’s new target of C$85, while higher than its prior target, still implies downside versus the current price — a more conservative view that could cap upside for some investors. BayStreet.CA
• Negative Sentiment: Royal Bank of Canada raised its target to C$89 but it remains slightly below the current trading level, reflecting a cautious stance that could limit buying from more conservative funds. BayStreet.CA

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.