Analysts’ Opinions Are Mixed on These Energy Stocks: ARC Resources (OtherAETUF) and Suncor Energy (SU)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on ARC Resources (AETUF) and Suncor Energy (SU).
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ARC Resources (AETUF)
In a report released yesterday, Cameron Bean from Scotiabank upgraded ARC Resources to Hold. The company’s shares closed last Thursday at $19.93, close to its 52-week high of $20.36.
According to TipRanks.com, Bean is a 4-star analyst with an average return of
Currently, the analyst consensus on ARC Resources is a Moderate Buy with an average price target of $20.19, representing a 3.2% upside. In a report issued on March 26, TipRanks – OpenAI also downgraded the stock to Hold with a C$32.00 price target.
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Suncor Energy (SU)
CIBC analyst Dennis Fong maintained a Buy rating on Suncor Energy today and set a price target of C$92.00. The company’s shares closed last Thursday at $65.90.
Fong has an average return of
According to TipRanks.com, Fong is ranked #1931 out of 12128 analysts.
Currently, the analyst consensus on Suncor Energy is a Moderate Buy with an average price target of $64.16, a -3.5% downside from current levels. In a report issued on March 26, TipRanks – Anthropic also upgraded the stock to Buy with a C$97.00 price target.
Read More on AETUF:
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- ARC Resources price target raised to C$30 from C$28 at Raymond James
- ARC Resources Confirms Quarterly Dividend, Underscoring Stable Payouts
- ARC Resources to Issue C$950 Million in Senior Unsecured Notes
- ARC Resources price target lowered to C$28 from C$32 at RBC Capital
- ARC Resources price target lowered to C$28 from C$29 at BMO Capital
