Royal Bank Of Canada Raises Suncor Energy (NYSE:SU) Price Target to $89.00

Suncor Energy (NYSE:SU) (TSE:SU) had its target price upped by equities researchers at Royal Bank Of Canada from $75.00 to $89.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the oil and gas producer’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 35.07% from the company’s previous close.

Several other research firms have also recently weighed in on SU. Wall Street Zen cut Suncor Energy from a “buy” rating to a “hold” rating in a research note on Sunday, December 28th. JPMorgan Chase & Co. upgraded shares of Suncor Energy from a “neutral” rating to an “overweight” rating and increased their price target for the company from $46.15 to $54.00 in a research note on Tuesday, January 20th. ATB Cormark Capital Markets raised shares of Suncor Energy from a “hold” rating to a “moderate buy” rating in a report on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of Suncor Energy in a research report on Monday, December 29th. Finally, Zacks Research downgraded shares of Suncor Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Suncor Energy presently has a consensus rating of “Moderate Buy” and an average target price of $72.00.

Suncor Energy Stock Up 1.5%

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

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

Institutional Investors Weigh In On Suncor Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Purpose Unlimited Inc. acquired a new stake in shares of Suncor Energy in the fourth quarter valued at approximately $8,997,000. Rockefeller Capital Management L.P. increased its holdings in shares of Suncor Energy by 1.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 217,454 shares of the oil and gas producer’s stock valued at $9,646,000 after acquiring an additional 3,442 shares during the period. World Investment Advisors increased its holdings in shares of Suncor Energy by 2.8% in the 4th quarter. World Investment Advisors now owns 28,830 shares of the oil and gas producer’s stock valued at $1,279,000 after acquiring an additional 788 shares during the period. Larry Mathis Financial Planning LLC purchased a new stake in Suncor Energy in the 4th quarter valued at $257,000. Finally, Union Savings Bank purchased a new stake in Suncor Energy in the 4th quarter valued at $110,000. Hedge funds and other institutional investors own 67.37% of the company’s stock.

More 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.