Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) had its price objective raised by analysts at Royal Bank Of Canada from $75.00 to $89.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the oil and gas producer’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 37.05% from the company’s current price.
A number of other research firms have also issued reports on SU. The Goldman Sachs Group upped their price target on Suncor Energy from $66.00 to $73.00 and gave the company a “buy” rating in a research report on Wednesday. Weiss Ratings reissued a “buy (b)” rating on shares of Suncor Energy in a research report on Monday, December 29th. JPMorgan Chase & Co. upgraded shares of Suncor Energy from a “neutral” rating to an “overweight” rating and increased their price target for the company from $46.15 to $54.00 in a research note on Tuesday, January 20th. Wall Street Zen downgraded shares of Suncor Energy from a “buy” rating to a “hold” rating in a research report on Sunday, December 28th. Finally, Zacks Research cut shares of Suncor Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $72.00.
View Our Latest Stock Report on Suncor Energy
Suncor Energy Price Performance
Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) last issued its quarterly earnings results on Tuesday, February 3rd. The oil and gas producer reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.02. Suncor Energy had a return on equity of 12.51% and a net margin of 11.99%.The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $8.79 billion. During the same quarter in the previous year, the firm earned $1.25 earnings per share. Equities analysts predict that Suncor Energy will post 3.42 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Suncor Energy
Large investors have recently bought and sold shares of the business. Atlantic Edge Private Wealth Management LLC grew its position in Suncor Energy by 54.9% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 635 shares of the oil and gas producer’s stock worth $28,000 after purchasing an additional 225 shares during the last quarter. Richardson Financial Services Inc. raised its position in shares of Suncor Energy by 64.1% during the third quarter. Richardson Financial Services Inc. now owns 704 shares of the oil and gas producer’s stock worth $29,000 after purchasing an additional 275 shares during the period. 1 North Wealth Services LLC purchased a new position in shares of Suncor Energy in the fourth quarter worth approximately $32,000. Hanson & Doremus Investment Management boosted its position in shares of Suncor Energy by 143.5% in the third quarter. Hanson & Doremus Investment Management now owns 789 shares of the oil and gas producer’s stock worth $33,000 after buying an additional 465 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake in Suncor Energy by 95.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 793 shares of the oil and gas producer’s stock valued at $33,000 after acquiring an additional 388 shares in the last quarter. Institutional investors own 67.37% of the company’s stock.
Trending Headlines about Suncor Energy
Here are the key news stories impacting Suncor Energy this week:
- Positive Sentiment: Suncor raised shareholder returns and published a 2026 Investor Day plan that boosts buybacks and outlines a three‑year program to lift production and cash flow — supportive for yields and EPS. Investor Day presentation
- Positive Sentiment: Goldman Sachs raised its price target to $73 and holds a buy rating, implying upside from current levels and adding institutional support. Benzinga note on GS target
- Positive Sentiment: Multiple sell‑side upgrades and momentum signals (Zacks Rank #2, Raymond James reaffirmation) highlight improving earnings expectations and investor sentiment. Zacks upgrade
- Positive Sentiment: Strategic shift toward in‑situ steam‑assisted extraction by 2040 is intended to lower long‑run operating costs and improve cash generation — a structural positive for margins. Reuters: in-situ shift
- Neutral Sentiment: A valuation reassessment notes that strong 1‑year total returns have already been priced in, raising questions about upside from current levels — useful context but not an immediate catalyst. Yahoo Finance valuation piece
- Neutral Sentiment: Broader energy sector strength has driven momentum across peers; Suncor benefits from sector flows but is exposed to commodity price and geopolitical volatility. Bloomberg via Yahoo
- Negative Sentiment: Unusually large put option buying — ~28,315 puts (~2,998% above typical volume) — signals significant bearish bets or hedging activity, which can pressure the stock short‑term as market makers hedge and sentiment shifts. DefenseWorld: put activity
Suncor Energy Company Profile
Suncor Energy Inc is a Canadian integrated energy company headquartered in Calgary, Alberta. The company’s operations span the full oil and gas value chain, with principal activities in oil sands development and production, conventional exploration and production, refining, distribution and retail marketing of petroleum products. Suncor supplies crude, synthetic crude and refined fuels as well as related products and services to commercial and consumer markets.
Upstream, Suncor is a major developer and operator of oil sands projects in Alberta, using both mining and in situ technologies to produce bitumen and synthetic crude.
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