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Analysts’ Opinions Are Mixed on These Energy Stocks: SM Energy (SM), PrairieSky Royalty (OtherPREKF) and Suncor Energy (SU)

Tipranks - Sat Jan 10, 6:24AM CST

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on SM Energy (SMResearch Report), PrairieSky Royalty (PREKFResearch Report) and Suncor Energy (SUResearch Report).

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SM Energy (SM)

In a report released yesterday, Scott Hanold from RBC Capital maintained a Hold rating on SM Energy, with a price target of $35.00. The company’s shares closed last Thursday at $18.20.

Hanold has an average return of 43.1% when recommending SM Energy. ;'>

According to TipRanks.com, Hanold is ranked #82 out of 10401 analysts.

Currently, the analyst consensus on SM Energy is a Moderate Buy with an average price target of $30.50, a 71.9% upside from current levels. In a report issued on December 26, Siebert Williams Shank & Co also maintained a Hold rating on the stock with a $23.00 price target.

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PrairieSky Royalty (PREKF)

In a report released yesterday, Michael Harvey from RBC Capital maintained a Buy rating on PrairieSky Royalty, with a price target of C$35.00. The company’s shares closed last Thursday at $18.90.

According to TipRanks.com, Harvey is a 5-star analyst with an average return of 20.0% and a 58.7% success rate. Harvey covers the NA sector, focusing on stocks such as Tamarack Valley Energy, Headwater Exploration, and Paramount Resources. ;'>

PrairieSky Royalty has an analyst consensus of Strong Buy, with a price target consensus of $23.19, implying a 22.1% upside from current levels. In a report issued on December 30, TipRanks – OpenAI also upgraded the stock to Buy with a C$31.00 price target.

Suncor Energy (SU)

In a report released yesterday, Rob Mann from RBC Capital maintained a Buy rating on Suncor Energy, with a price target of C$70.00. The company’s shares closed last Thursday at $45.77.

According to TipRanks.com, Mann is ranked #4167 out of 10401 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Suncor Energy with a $47.82 average price target, representing a 5.6% upside. In a report issued on January 2, Goldman Sachs also maintained a Buy rating on the stock with a $48.00 price target.

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