Suncor Energy Inc. (TSE:SU - Get Free Report) NYSE: SU Senior Officer Shelley Powell sold 50,000 shares of the firm's stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of C$56.87, for a total value of C$2,843,700.00.
Suncor Energy Trading Up 0.4 %
Shares of SU stock traded up C$0.20 during mid-day trading on Monday, hitting C$57.20. The company's stock had a trading volume of 13,002,066 shares, compared to its average volume of 7,870,336. The company's fifty day simple moving average is C$52.72 and its 200-day simple moving average is C$53.12. Suncor Energy Inc. has a 52 week low of C$40.07 and a 52 week high of C$57.69. The company has a debt-to-equity ratio of 34.98, a quick ratio of 0.83 and a current ratio of 1.46. The company has a market cap of C$72.64 billion, a PE ratio of 9.85, a P/E/G ratio of 0.15 and a beta of 1.47.
Suncor Energy Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 25th were given a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date was Wednesday, September 4th. Suncor Energy's payout ratio is 37.46%.
Analyst Ratings Changes
SU has been the topic of several recent analyst reports. Raymond James lifted their price target on Suncor Energy from C$52.00 to C$56.00 in a research report on Thursday. UBS Group lifted their price target on Suncor Energy from C$61.00 to C$65.00 in a research report on Monday. National Bankshares lifted their price objective on Suncor Energy from C$73.00 to C$76.00 in a report on Thursday. Scotiabank lifted their price objective on Suncor Energy from C$59.00 to C$62.00 in a report on Wednesday, November 13th. Finally, Desjardins raised Suncor Energy from a "hold" rating to a "moderate buy" rating in a report on Thursday. Five equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$61.81.
Get Our Latest Stock Analysis on SU
About Suncor Energy
(
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Suncor Energy Inc operates as an integrated energy company in Canada, the United States, 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.
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