Suncor Energy (SU) : Zacks Investment Research ranks Suncor Energy (SU) as 3, which is a Hold recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 1.83, which indicates as a Buy.
Suncor Energy (SU) : The consensus price target for Suncor Energy (SU) is $31.37 for the short term with a standard deviation of $3.38. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $36, however, the pessimist price target for the company is $24.
Suncor Energy Inc. has dropped 0.67% in the last five trading days, however, the shares have posted positive gains of 7.32% in the last 4 weeks. Suncor Energy Inc. is up 5.98% in the last 3-month period. Year-to-Date the stock performance stands at 11.46%. Suncor Energy (NYSE:SU): On Tuesdays trading session , Opening price of the stock was $28.36 with an intraday high of $28.46. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $28.23. However, the stock managed to close at $28.28, a loss of 0.18% for the day. On the previous day, the stock had closed at $28.33. The total traded volume of the day was 1,963,464 shares.
Suncor Energy Inc. (Suncor) is an integrated energy company. The Company is focused on developing Canadas petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production, and Refining and Marketing. The Companys Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations. Its Exploration and Production segment consists of offshore operations off the east coast of Canada and in the North Sea, and onshore assets in North America, Libya and Syria. The Companys Refining and Marketing segment is engaged in Refining and Supply, and Downstream Marketing. In addition, the Company explores, for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally. The Company also transports and refines crude oil, and markets petroleum and petrochemical products primarily in Canada.