BMO Capital Markets Boosts Suncor Energy (TSE:SU) Price Target to C$100.00

Suncor Energy (TSE:SU) (NYSE:SU) had its price target increased by BMO Capital Markets from C$85.00 to C$100.00 in a report issued on Wednesday,BayStreet.CA reports. BMO Capital Markets’ target price suggests a potential upside of 9.03% from the stock’s previous close.

A number of other equities analysts also recently weighed in on SU. Canadian Imperial Bank of Commerce lifted their target price on shares of Suncor Energy from C$70.00 to C$88.00 in a research note on Monday, March 2nd. TD Securities increased their price target on Suncor Energy from C$74.00 to C$81.00 in a report on Wednesday, February 4th. ATB Cormark Capital Markets lifted their price objective on Suncor Energy from C$71.00 to C$95.00 and gave the stock a “sector perform” rating in a research report on Friday, March 27th. National Bank Financial lifted their price objective on Suncor Energy from C$85.00 to C$118.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Wells Fargo & Company boosted their price objective on Suncor Energy from C$74.00 to C$97.00 in a research note on Wednesday. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$88.14.

Suncor Energy Stock Performance

TSE:SU opened at C$91.72 on Wednesday. The company has a debt-to-equity ratio of 40.74, a quick ratio of 0.83 and a current ratio of 1.39. Suncor Energy has a fifty-two week low of C$43.59 and a fifty-two week high of C$94.34. The company has a 50 day simple moving average of C$79.17 and a two-hundred day simple moving average of C$66.71. The company has a market capitalization of C$108.86 billion, a PE ratio of 18.91, a P/E/G ratio of 0.15 and a beta of 0.75.

Suncor Energy (TSE:SU) (NYSE:SU) last issued its quarterly 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 12.10% and a return on equity of 13.17%. The firm had revenue of C$12.04 billion for the quarter. Research analysts anticipate that Suncor Energy will post 4.4208333 earnings per share for the current year.

More Suncor Energy News

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.