Suncor Energy Inc. (SU) Given Average Rating of “Buy” by Brokerages

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Suncor Energy Inc. (TSE:SU) (NYSE:SU) has earned an average recommendation of “Buy” from the eighteen research firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$55.06.

SU has been the topic of several research reports. Raymond James reissued an “outperform” rating and set a C$60.00 price target on shares of Suncor Energy in a research report on Thursday, May 2nd. CIBC increased their price target on shares of Suncor Energy from C$52.00 to C$53.00 in a research report on Thursday, February 7th. GMP Securities reduced their price target on shares of Suncor Energy from C$53.00 to C$48.00 in a research report on Friday, May 3rd. CSFB reissued a “neutral” rating and set a C$48.00 price target on shares of Suncor Energy in a research report on Monday, January 28th. Finally, Canaccord Genuity increased their price target on shares of Suncor Energy from C$55.00 to C$60.00 in a research report on Monday, March 11th.

Shares of SU opened at C$41.81 on Monday. The stock has a market cap of $65.68 billion and a PE ratio of 16.98. Suncor Energy has a 1 year low of C$35.53 and a 1 year high of C$55.47. The company has a debt-to-equity ratio of 43.32, a quick ratio of 0.55 and a current ratio of 0.88.

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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Analyst Recommendations for Suncor Energy (TSE:SU)

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