Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Suncor Energy (SU) Receives a Rating Update from a Top Analyst

Tipranks - Thu Apr 2, 6:10AM CDT

In a report released yesterday, Gregory Pardy from RBC Capital maintained a Buy rating on Suncor Energy, with a price target of C$89.00. The company’s shares closed yesterday at C$92.01.

End of Quarter Sale - 50% Off TipRanks

Pardy covers the Energy sector, focusing on stocks such as Imperial Oil, Suncor Energy, and Canadian Natural. According to TipRanks, Pardy has an average return of 23.5% and a 65.53% success rate on recommended stocks.

In addition to RBC Capital, Suncor Energy also received a Buy from Goldman Sachs’s Neil Mehta in a report issued today. However, yesterday, Jefferies maintained a Hold rating on Suncor Energy (NYSE: SU).

The company has a one-year high of C$94.34 and a one-year low of C$43.59. Currently, Suncor Energy has an average volume of 7.59M.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SU in relation to earlier this year.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.