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Skip to main content * Home * Account * Newsletter * Privacy * Contact ☰ * Analyst Ratings * Dividends * Earnings * Guidance * Highs and Lows * IPOS * Options * SEC Filings * Home * Account * Newsletter * Privacy * Contact * Analyst Ratings * Dividends * Earnings * Guidance * Highs and Lows * IPOS * Options * SEC Filings SUNCOR ENERGY INC. (NYSE:SU) RECEIVES $55.83 AVERAGE TARGET PRICE FROM ANALYSTS Posted by ABMN Staff on Oct 17th, 2024 Share on Twitter Share on Facebook Share on LinkedIn Share on Stocktwits Suncor Energy Inc. (NYSE:SU – Get Free Report) (TSE:SU) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $55.83. Get Suncor Energy alerts: Several brokerages recently weighed in on SU. StockNews.com upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a report on Saturday, September 28th. BMO Capital Markets upgraded shares of Suncor Energy from a “market perform” rating to an “outperform” rating in a research note on Wednesday, August 7th. TD Securities upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, August 7th. Scotiabank cut their price target on Suncor Energy from $61.00 to $60.00 and set a “sector perform” rating on the stock in a research report on Friday, July 12th. Finally, Wolfe Research began coverage on Suncor Energy in a research note on Thursday, July 18th. They set an “outperform” rating and a $68.00 price objective for the company. Check Out Our Latest Analysis on SU HEDGE FUNDS WEIGH IN ON SUNCOR ENERGY Several institutional investors and hedge funds have recently modified their holdings of SU. Richardson Financial Services Inc. purchased a new stake in Suncor Energy in the 4th quarter worth $25,000. Trust Co. of Vermont purchased a new stake in shares of Suncor Energy during the second quarter worth about $26,000. Summit Securities Group LLC acquired a new position in shares of Suncor Energy during the 2nd quarter worth about $27,000. Ridgewood Investments LLC purchased a new position in Suncor Energy in the 2nd quarter valued at about $29,000. Finally, Adirondack Trust Co. boosted its holdings in Suncor Energy by 45.6% in the 4th quarter. Adirondack Trust Co. now owns 1,000 shares of the oil and gas producer’s stock worth $34,000 after buying an additional 313 shares during the last quarter. Hedge funds and other institutional investors own 67.37% of the company’s stock. SUNCOR ENERGY TRADING UP 1.0 % NYSE:SU opened at $38.65 on Monday. The company has a market capitalization of $49.53 billion, a P/E ratio of 8.61, a PEG ratio of 2.72 and a beta of 1.12. The company has a current ratio of 1.46, a quick ratio of 0.93 and a debt-to-equity ratio of 0.26. Suncor Energy has a 12 month low of $29.45 and a 12 month high of $41.94. The firm has a fifty day simple moving average of $39.05 and a 200-day simple moving average of $38.72. Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) last issued its quarterly earnings results on Tuesday, August 6th. The oil and gas producer reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.51. The company had revenue of $12.90 billion during the quarter, compared to analysts’ expectations of $9.30 billion. Suncor Energy had a return on equity of 16.22% and a net margin of 14.40%. The firm’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.71 EPS. On average, equities research analysts anticipate that Suncor Energy will post 3.71 earnings per share for the current year. SUNCOR ENERGY ANNOUNCES DIVIDEND The company also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 4th were given a dividend of $0.395 per share. The ex-dividend date was Wednesday, September 4th. This represents a $1.58 annualized dividend and a yield of 4.09%. Suncor Energy’s dividend payout ratio is presently 35.86%. SUNCOR ENERGY COMPANY PROFILE (Get Free Report Suncor Energy Inc operates as an integrated energy company in Canada, the United States, and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products. FEATURED ARTICLES * Five stocks we like better than Suncor Energy * Comparing and Trading High PE Ratio Stocks * Taiwan Semiconductor Stock: Buy Now or Wait for Earnings? * What is the Nikkei 225 index? * Abbott’s Growth and Dividends Make It a Smart Portfolio Pick * Consumer Discretionary Stocks Explained * Citigroup Faces Growing Troubles: Could the Industry Be at Risk? Receive News & Ratings for Suncor Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suncor Energy and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINE NOV (NOV) to Release Quarterly Earnings on Thursday YOU MIGHT BE INTERESTED IN: Suncor Energy Inc. Receives $55.83 Average Target Price from Analysts NOV to Release Quarterly Earnings on Thursday Teradyne Cut to Sell at StockNews.com Q3 2024 EPS Estimates for United Parcel Service, Inc. Raised by Zacks Research Analysts Offer Predictions for Dynavax Technologies Co.’s FY2026 Earnings FY2026 EPS Estimates for QUALCOMM Incorporated Boosted by Analyst DAILY RATINGS & NEWS FOR SUNCOR ENERGY Complete the form below to receive the latest headlines and analysts' recommendations for Suncor Energy with MarketBeat's free daily email newsletter: Follow @AmericanBanking RECENT NEWS * Suncor Energy Inc. (NYSE:SU) Receives $55.83 Average Target Price from Analysts * NOV (NOV) to Release Quarterly Earnings on Thursday * Teradyne (NASDAQ:TER) Cut to Sell at StockNews.com * Q3 2024 EPS Estimates for United Parcel Service, Inc. Raised by Zacks Research (NYSE:UPS) * Analysts Offer Predictions for Dynavax Technologies Co.’s FY2026 Earnings (NASDAQ:DVAX) * FY2026 EPS Estimates for QUALCOMM Incorporated Boosted by Analyst (NASDAQ:QCOM) * Zacks Research Weighs in on Starbucks Co.’s Q2 2026 Earnings (NASDAQ:SBUX) * Q4 2025 Earnings Estimate for Permian Resources Co. (NYSE:PR) Issued By Capital One Financial * Q4 2025 EPS Estimates for CACI International Inc (NYSE:CACI) Decreased by Analyst * Seaport Res Ptn Research Analysts Lower Earnings Estimates for Live Nation Entertainment, Inc. (NYSE:LYV) * Q2 2026 EPS Estimates for International Business Machines Co. (NYSE:IBM) Increased by Analyst * Tetra Tech (NASDAQ:TTEK) Upgraded at StockNews.com * Truist Financial Boosts Tractor Supply (NASDAQ:TSCO) Price Target to $325.00 * Tractor Supply (NASDAQ:TSCO) Price Target Raised to $332.00 * Alnylam Pharmaceuticals (NASDAQ:ALNY) Sets New 12-Month High After Analyst Upgrade * Upstart (NASDAQ:UPST) Stock Rating Upgraded by Wedbush * TechTarget (NASDAQ:TTGT) Stock Rating Upgraded by Craig Hallum * UroGen Pharma (NASDAQ:URGN) Upgraded at EF Hutton Acquisition Co. I * UroGen Pharma (NASDAQ:URGN) Earns Buy Rating from HC Wainwright * Stifel Nicolaus Boosts Trade Desk (NASDAQ:TTD) Price Target to $136.00 * Analyst Ratings * Dividends * Earnings * Guidance * Highs and Lows * IPOS * Options * SEC Filings © 2009-2024 American Banking and Market News, a division of MarketBeat Media, LLC. MarketBeat Media, LLC. 345 N Reid Place, Suite 620. Sioux Falls, SD 57103 Email: contact@americanbankingnews.com Phone: (844) 978-6257 American Banking and Market News members receive the latest stock market news and a concise summary of new analysts' recommendations in a FREE daily email newsletter. Manage your account here. Sign Up With Google Suncor Energy - Buy, Sell or Hold? Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suncor Energy and related companies with MarketBeat's FREE daily ratings newsletter. or Sign Up With Google Privacy Policy The $15 "Insider Secret" That Could Save Your Retirement (ad)What if I told you there's a $15 stock that a billionaire insider just poured $47 MILLION into? That's right. You can grab shares of this potential retirement-maker for less tha...Click Here For More on Click here to discover the name and ticker of this "$15 billionaire-backed retirement stock" >>> ×