Several other research analysts also recently commented on the stock. Royal Bank Of Canada reaffirmed an outperform rating and issued a C$42.00 price objective on shares of Suncor Energy in a report on Friday, September 30th. JPMorgan Chase & Co. raised their price objective on shares of Suncor Energy from C$39.00 to C$40.00 in a report on Monday, September 12th. Scotiabank reaffirmed an outperform rating and issued a C$38.00 price objective on shares of Suncor Energy in a report on Friday, July 29th. Finally, TD Securities reaffirmed a buy rating and issued a C$41.00 price objective on shares of Suncor Energy in a report on Thursday, July 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Suncor Energy has a consensus rating of Buy and a consensus price target of C$40.29.
Shares of Suncor Energy (TSE:SU) opened at 37.19 on Wednesday. The company has a 50 day moving average of $35.57 and a 200 day moving average of $35.57. The company’s market cap is $61.90 billion. Suncor Energy has a 52 week low of $27.32 and a 52 week high of $40.35.
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 26th. Stockholders of record on Tuesday, September 6th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.12%. The ex-dividend date was Thursday, September 1st.
About Suncor Energy
Suncor Energy Inc (Suncor) is an integrated energy company. The Company is focused on developing Canada’s petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company’s Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations.
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