Shares of Suncor Energy Inc. (TSE:SU) (NYSE:SU) have received an average rating of “Buy” from the eighteen analysts that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$54.47.
SU has been the subject of several recent research reports. CIBC decreased their price target on Suncor Energy from C$56.00 to C$55.00 in a report on Thursday, July 18th. GMP Securities decreased their price target on Suncor Energy from C$43.00 to C$42.00 in a report on Friday, July 26th. Royal Bank of Canada decreased their price target on Suncor Energy from C$53.00 to C$50.00 in a report on Thursday, July 18th. TD Securities decreased their price target on Suncor Energy from C$51.00 to C$50.00 and set a “buy” rating for the company in a report on Thursday, July 25th. Finally, National Bank Financial decreased their price target on Suncor Energy from C$56.00 to C$55.00 and set an “outperform” rating for the company in a report on Tuesday, July 16th.
Suncor Energy stock traded down C$0.02 during trading on Friday, hitting C$37.86. 3,514,600 shares of the company were exchanged, compared to its average volume of 3,665,212. The firm has a 50 day simple moving average of C$40.27. Suncor Energy has a 52 week low of C$35.53 and a 52 week high of C$54.51. The company has a market capitalization of $58.97 billion and a P/E ratio of 10.55. The company has a debt-to-equity ratio of 39.95, a current ratio of 0.98 and a quick ratio of 0.61.
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, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada.
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