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Desjardins Keeps Their Buy Rating on Suncor Energy (SU)

Tipranks - Tue Jan 27, 3:12PM CST

Desjardins analyst maintained a Buy rating on Suncor Energy today and set a price target of C$79.00.

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In addition to Desjardins, Suncor Energy also received a Buy from TipRanks – xAI’s xAi Oil and Gas Integrated in a report issued today. However, on the same day, TipRanks – DeepSeek reiterated a Hold rating on Suncor Energy (NYSE: SU).

Based on Suncor Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$12.55 billion and a net profit of C$1.62 billion. In comparison, last year the company earned a revenue of C$12.89 billion and had a net profit of C$2.02 billion

Based on the recent corporate insider activity of 32 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.

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