RBC Capital Remains a Buy on Suncor Energy (SU)
In a report released yesterday, Gregory Pardy from RBC Capital maintained a Buy rating on Suncor Energy, with a price target of C$69.00.
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Pardy covers the Energy sector, focusing on stocks such as Cenovus Energy, Athabasca Oil, and Baytex Energy. According to TipRanks, Pardy has an average return of 20.8% and a 63.70% success rate on recommended stocks.
Currently, the analyst consensus on Suncor Energy is a Moderate Buy with an average price target of C$66.58.
The company has a one-year high of C$65.58 and a one-year low of C$43.59. Currently, Suncor Energy has an average volume of 7.2M.
Based on the recent corporate insider activity of 31 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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- Suncor price target raised to C$70 from C$67 at RBC Capital
- Suncor price target raised to $70 from $67 at RBC Capital
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