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Suncor Energy Inc.

SU · NYSE

Analyst Consensus

Buy

17 analysts

$69

Current

—

Low

$76

Average

—

High

Average target implies +10.72% versus the current price.

Analyst Ratings Synthesis

Consensus is Buy across 17 analysts, with a mean target of $74.16. No low or high target is supplied, so target clustering and spread cannot be measured, and the most- and least-bullish analysts cannot be identified. The evidence also provides no named analyst actions or target revisions during the week, preventing a supported conclusion on revision direction. The substantive disagreement behind the target range is likewise undocumented; the available material instead centers on operating momentum, with Suncor reporting second-quarter earnings and revenue surprises of 8.88% and 22.36%, respectively. Thus the consensus signal is clear, but its dispersion and changing conviction are not.

Rating Actions

No individual rating actions have been captured for SUyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

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Symbol: SU
Type: Stock
Sector: Energy
Industry: Petroleum Refining
Exchange: NYSE

Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.

Key Issues

Bullish view

Suncor’s second-quarter earnings and revenue surprises of 8.88% and 22.36%, together with sharply higher profit, provide fundamental support for the strong-momentum characterization.

Bearish view

A single quarterly beat does not establish a durable trend, and the stock fell from $67.28 to $64.45 before the after-hours earnings release, signaling that momentum had already weakened.

Analyst Consensus

See all

Buy

17 analysts

$69

Current

—

Low

$76

Average

—

High

Average target implies +10.72% versus the current price.

Earnings History

BeatMissNo estimate

Suncor Energy Inc.

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers