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AMZN   3,427.37 (+1.11%)
TSLA   1,009.01 (-0.59%)
NVDA   300.37 (-2.14%)
BABA   123.60 (+10.40%)
NIO   32.34 (+0.59%)
CGC   10.15 (+1.60%)
AMD   139.06 (-3.44%)
GE   96.01 (+3.49%)
MU   82.45 (+1.02%)
T   23.28 (-0.77%)
F   19.22 (+0.42%)
DIS   150.37 (+2.84%)
PFE   51.48 (-5.14%)
AMC   28.79 (-0.76%)
ACB   5.97 (+2.58%)
BA   205.88 (+3.72%)
QQQ   386.20 (+0.80%)
AAPL   165.32 (+2.15%)
MSFT   326.19 (+0.98%)
FB   317.87 (+3.59%)
GOOGL   2,863.10 (+0.81%)
AMZN   3,427.37 (+1.11%)
TSLA   1,009.01 (-0.59%)
NVDA   300.37 (-2.14%)
BABA   123.60 (+10.40%)
NIO   32.34 (+0.59%)
CGC   10.15 (+1.60%)
AMD   139.06 (-3.44%)
GE   96.01 (+3.49%)
MU   82.45 (+1.02%)
T   23.28 (-0.77%)
F   19.22 (+0.42%)
DIS   150.37 (+2.84%)
PFE   51.48 (-5.14%)
AMC   28.79 (-0.76%)
ACB   5.97 (+2.58%)
BA   205.88 (+3.72%)
QQQ   386.20 (+0.80%)
AAPL   165.32 (+2.15%)
MSFT   326.19 (+0.98%)
FB   317.87 (+3.59%)
GOOGL   2,863.10 (+0.81%)
AMZN   3,427.37 (+1.11%)
TSLA   1,009.01 (-0.59%)
NVDA   300.37 (-2.14%)
BABA   123.60 (+10.40%)
NIO   32.34 (+0.59%)
CGC   10.15 (+1.60%)
AMD   139.06 (-3.44%)
GE   96.01 (+3.49%)
MU   82.45 (+1.02%)
T   23.28 (-0.77%)
F   19.22 (+0.42%)
DIS   150.37 (+2.84%)
PFE   51.48 (-5.14%)
AMC   28.79 (-0.76%)
ACB   5.97 (+2.58%)
BA   205.88 (+3.72%)

Royal Bank of Canada Analysts Give Suncor Energy (TSE:SU) a C$37.00 Price Target

Last updated on Monday, November 29, 2021 | 2021 MarketBeat

Suncor Energy (TSE:SU) (NYSE:SU) has been given a C$37.00 price objective by research analysts at Royal Bank of Canada in a research note issued to investors on Monday, BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Royal Bank of Canada's target price points to a potential upside of 15.55% from the stock's previous close.

A number of other analysts have also recently issued reports on SU. Scotiabank increased their price objective on shares of Suncor Energy from C$33.00 to C$37.00 in a research note on Friday, November 19th. Credit Suisse Group upped their target price on shares of Suncor Energy to C$42.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 2nd. ATB Capital restated a "sector perform" rating and set a C$33.00 target price on shares of Suncor Energy in a research report on Wednesday, October 27th. CSFB upped their target price on shares of Suncor Energy from C$36.00 to C$42.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 2nd. Finally, Raymond James restated an "outperform" rating and set a C$43.00 target price on shares of Suncor Energy in a research report on Thursday, October 28th. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$36.80.

SU stock traded up C$0.20 during midday trading on Monday, reaching C$32.02. 6,765,209 shares of the company's stock traded hands, compared to its average volume of 9,253,203. Suncor Energy has a 52-week low of C$20.29 and a 52-week high of C$34.35. The stock has a market cap of C$46.65 billion and a P/E ratio of 20.14. The company has a current ratio of 0.99, a quick ratio of 0.58 and a debt-to-equity ratio of 52.29. The stock's 50-day moving average is C$28.75 and its 200 day moving average is C$27.72.

Suncor Energy (TSE:SU) (NYSE:SU) last announced its earnings results on Wednesday, October 27th. The company reported C$0.71 EPS for the quarter, missing the Zacks' consensus estimate of C$0.73 by C($0.02). The business had revenue of C$10.21 billion for the quarter, compared to analyst estimates of C$11.44 billion. As a group, research analysts expect that Suncor Energy will post 4.0400001 EPS for the current fiscal year.

Suncor Energy Company Profile

Suncor Energy Inc operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, transports, refines, and markets crude oil in Canada and internationally; markets petroleum and petrochemical products under the Petro-Canada name primarily in Canada.

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Analyst Recommendations for Suncor Energy (TSE:SU)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

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