Suncor Energy Inc. (TSE:SU - Get Free Report) NYSE: SU shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$52.94 and traded as low as C$49.73. Suncor Energy shares last traded at C$49.86, with a volume of 7,524,027 shares changing hands.
Analyst Ratings Changes
Several brokerages recently issued reports on SU. Raymond James boosted their price target on Suncor Energy from C$54.00 to C$56.00 and gave the company a "market perform" rating in a research note on Thursday, May 8th. JPMorgan Chase & Co. lowered their price objective on Suncor Energy from C$63.00 to C$62.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. TD Securities lowered their price objective on Suncor Energy from C$63.00 to C$62.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Tudor Pickering upgraded Suncor Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 10th. Finally, Jefferies Financial Group upped their price objective on Suncor Energy from C$58.00 to C$59.00 in a research note on Monday, February 24th. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$62.58.
Get Our Latest Report on SU
Suncor Energy Price Performance
The firm has a market capitalization of C$61.52 billion, a price-to-earnings ratio of 7.75, a P/E/G ratio of 0.15 and a beta of 1.47. The company has a current ratio of 1.59, a quick ratio of 0.83 and a debt-to-equity ratio of 33.35. The firm has a fifty day moving average price of C$49.86 and a 200 day moving average price of C$52.82.
Suncor Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 25th were issued a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 4.65%. The ex-dividend date was Tuesday, March 4th. Suncor Energy's payout ratio is currently 34.42%.
About Suncor Energy
(
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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.
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