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RBC Capital Sticks to Its Buy Rating for Suncor Energy (SU)

Tipranks - Tipranks - Thu Apr 9, 2:12PM CDT

RBC Capital analyst Gregory Pardy maintained a Buy rating on Suncor Energy today and set a price target of C$100.00.

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According to TipRanks, Pardy is a top 100 analyst with an average return of 23.5% and a 65.53% success rate. Pardy covers the Energy sector, focusing on stocks such as Imperial Oil, Canadian Natural, and Suncor Energy.

In addition to RBC Capital, Suncor Energy also received a Buy from Goldman Sachs’s Neil Mehta in a report issued on April 6. However, on April 5, Morgan Stanley maintained a Hold rating on Suncor Energy (NYSE: SU).

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SU market cap is currently C$110.1B and has a P/E ratio of 12.55.

Based on the recent corporate insider activity of 36 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.

Read More on SU:

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