Suncor Energy Inc. which can be found using ticker (SU) now have 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 49.2 and 35.01 calculating the average target price we see $40.25. Now with the previous closing price of $30.01 this would imply there is now a potential upside of 34.1%. The 50 day moving average now sits at $33.01 and the 200 moving average now moves to $32.83. The company has a market capitalization of $39,303m. Visit the company website at: https://www.suncor.com
The potential market cap would be $52,714m based on the market consensus.
Suncor Energy Inc. operates as an integrated energy company in Canada and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products. This segment also engages in syncrude oil sands mining and upgrading operations; and marketing, supply, transportation, and risk management of crude oil, natural gas, power, and byproducts. The Exploration and Production segment is involved in offshore operations in the East Coast of Canada. The Refining and Marketing segment refines crude oil and petrochemical products; and markets, transports, and manages refined and petrochemical products, and other purchased products through the retail and wholesale networks. This segment also involved in trading of crude oil, natural gas, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada.
The company has a dividend yield of 5.14% with the ex dividend date set at 2-3-2023 (DMY).
Other points of data to note are a P/E ratio of 6.28, revenue per share of 42.06 and a 12.24% return on assets.
