Jefferies analyst Lloyd Byrne maintained a Hold rating on Suncor Energy (SU – Research Report) on January 5 and set a price target of C$50.00. The company’s shares closed last Friday at $33.80.
According to TipRanks, Byrne is a 5-star analyst with an average return of 29.1% and a 54.70% success rate. Byrne covers the Energy sector, focusing on stocks such as Canadian Natural, Cenovus Energy, and Suncor Energy.
In addition to Jefferies, Suncor Energy also received a Hold from Scotiabank’s Jason Bouvier in a report issued on January 4. However, on January 3, Bank of America Securities maintained a Buy rating on Suncor Energy (NYSE: SU).
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SU market cap is currently $43.73B and has a P/E ratio of 7.36.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is neutral on the stock.
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Suncor Energy (SU) Company Description:
Suncor Energy, Inc. is a Canada-based integrated energy company which is specialized in producing synthetic crude from oil sands. The company also engages in exploration, acquisition, development, production, and marketing of crude oil in Canada and internationally. It also markets and trades in natural gas, crude oil, byproducts, refined products, and power.
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