Suncor Energy (SU) Stock Forecast & Price Target C$57.50 +0.40 (+0.70%) (As of 11/21/2024 ET) Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Suncor Energy - Analysts' Recommendations and Stock Price Forecast (2024) How MarketBeat Calculates Price Target and Consensus Rating MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Consensus Rating Moderate BuyBased on 12 Analyst RatingsSell0Hold5Buy7 Based on 12 Wall Street analysts who have issued ratings for Suncor Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 5 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for SU. Consensus Price Target C$61.817.49% Upside According to the 12 analysts' twelve-month price targets for Suncor Energy, the average price target is C$61.81. The highest price target for SU is C$76.00, while the lowest price target for SU is C$52.00. The average price target represents a forecasted upside of 7.49% from the current price of C$57.50. Get the Latest News and Ratings for SU and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Suncor Energy and its competitors. Enter your email to sign up for newsletter Sign Up SU Analyst Ratings Over TimeTypeCurrent Forecast11/23/23 to 11/22/241 Month Ago10/24/23 to 10/23/243 Months Ago8/25/23 to 8/24/241 Year Ago11/23/22 to 11/23/23Strong Buy1 Strong Buy rating(s)1 Strong Buy rating(s)1 Strong Buy rating(s)0 Strong Buy rating(s)Buy6 Buy rating(s)6 Buy rating(s)6 Buy rating(s)4 Buy rating(s)Hold5 Hold rating(s)6 Hold rating(s)6 Hold rating(s)8 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price TargetC$61.81C$60.46C$61.96C$55.53Forecasted Upside7.49% Upside13.26% Upside12.29% Upside24.23% UpsideConsensus RatingModerate BuyModerate BuyModerate BuyHold What Comes Next Could Be a Once-in-a-Lifetime Opportunity (Ad)A wave of technological and financial transformation is reshaping the investment landscape. For those who understand the shifts ahead, this could be the foundation for long-term wealth creation. In this exclusive briefing, I'll show you exactly how to prepare for the challenges and opportunities ahead. You'll learn actionable strategies to protect your portfolio and position yourself for growth in the months and years to come.Click here now to watch the full briefing and discover the steps to take today. SU Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History SU Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Suncor Energy Stock vs. The CompetitionTypeSuncor EnergyEnergy CompaniesConsensus Rating Score 2.67 2.82Consensus RatingModerate BuyModerate BuyNews Sentiment RatingPositive NewsSee Recent SU NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails11/18/2024UBS Group4 of 5 stars Boost TargetC$61.00 ➝ C$65.00+13.42%11/14/2024Desjardins2 of 5 starsC. MaccullochSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeHold ➝ Moderate Buy11/14/2024National Bankshares1 of 5 stars Boost TargetC$73.00 ➝ C$76.00+33.03%11/14/2024Raymond JamesSubscribe to MarketBeat All Access for the recommendation accuracy ratingM. BarthSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetC$52.00 ➝ C$56.00-1.98%11/14/2024Royal Bank of CanadaSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetC$64.00 ➝ C$66.00+15.53%11/13/2024ScotiabankSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetC$59.00 ➝ C$62.00+11.87% Get the Latest News and Ratings for SU and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Suncor Energy and its competitors with MarketBeat's FREE daily newsletter. 11/13/2024TD SecuritiesSubscribe to MarketBeat All Access for the recommendation accuracy ratingM. HulshofSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetC$60.00 ➝ C$62.00+11.87%9/16/2024Jefferies Financial GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetHoldC$62.00 ➝ C$55.00+10.53%8/7/2024BMO Capital MarketsSubscribe to MarketBeat All Access for the recommendation accuracy ratingR. OllenbergerSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeMarket Perform ➝ OutperformC$62.00+15.52%7/18/2024Wolfe ResearchSubscribe to MarketBeat All Access for the recommendation accuracy ratingD. LeggateSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeStrong-Buy5/22/2024ATB CapitalSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetSector PerformC$53.00 ➝ C$57.50+3.55%5/22/2024Wells Fargo & CompanySubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOverweightC$61.00 ➝ C$66.00+18.85%4/22/2024CIBCSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOutperformC$60.00 ➝ C$65.00+21.04%12/8/2023JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetNeutralC$59.00 ➝ C$52.00+24.85%10/12/2023National Bank FinancialSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetC$57.00 ➝ C$74.00+61.29%4/6/2023CSFBSubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetC$60.00 ➝ C$56.00+31.15%3/27/2023Morgan StanleySubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetC$61.00 ➝ C$58.00+45.77%2/22/2023Eight CapitalSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeSell ➝ NeutralC$43.00 ➝ C$50.00+11.53%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:50 AM ET. Should I Buy Suncor Energy Stock? SU Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these Suncor Energy pros and cons to contact@marketbeat.com. Suncor Energy Bull Case Here are some ways that investors could benefit from investing in Suncor Energy Inc.: Suncor Energy Inc. has consistently beaten analysts' earnings per share (EPS) estimates, indicating strong financial performance. The company has a healthy dividend payout ratio (DPR) of 37.46%, providing investors with a steady income stream. Recent insider transactions show confidence in the company's future, with senior officers purchasing significant amounts of stock. Suncor Energy Inc. operates as an integrated energy company, diversifying its revenue streams across different segments. With a market capitalization of C$63.40 billion, Suncor Energy Inc. is a well-established player in the energy sector. Suncor Energy Bear Case Investors should be bearish about investing in Suncor Energy Inc. for these reasons: The company's stock price may be volatile due to fluctuations in the energy market, impacting investor returns. While the dividend yield is attractive at 8%, it may not be sustainable if the company faces financial challenges. High beta of 1.49 indicates higher volatility compared to the market average, posing risks for investors. Although Suncor Energy Inc. has a low P/E ratio of 8.58, the PEG ratio of 0.15 suggests overvaluation based on future growth prospects. Investors should closely monitor oil prices and global economic conditions, as they significantly impact Suncor Energy Inc.'s performance. SU Forecast - Frequently Asked Questions What is Suncor Energy's forecast for 2025? According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Suncor Energy is C$61.81, with a high forecast of C$76.00 and a low forecast of C$52.00. Should I buy or sell Suncor Energy stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Suncor Energy in the last year. There are currently 5 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SU shares. Does Suncor Energy's stock price have much upside? According to analysts, Suncor Energy's stock has a predicted upside of 7.49% based on their 12-month stock forecasts. Has Suncor Energy been upgraded by Wall Street analysts recently? Over the previous 90 days, Suncor Energy's stock had 1 upgrade by analysts. What analysts cover Suncor Energy? Suncor Energy has been rated by research analysts at Desjardins, Jefferies Financial Group, National Bankshares, Raymond James, Royal Bank of Canada, Scotiabank, TD Securities, and UBS Group in the past 90 days. Do Wall Street analysts like Suncor Energy more than its competitors? Analysts like Suncor Energy less than other "energy" companies. The consensus rating score for Suncor Energy is 2.67 while the average consensus rating score for "energy" companies is 2.82. Learn more on how SU compares to other companies. 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In this exclusive briefing, I'll show you exactly how to prepare for the challenges and opportunities ahead. You'll learn actionable strategies to protect your portfolio and position yourself for growth in the months and years to come.Click here now to watch the full briefing and discover the steps to take today. This page (TSE:SU) was last updated on 11/22/2024 by MarketBeat.com Staff From Our Partners[Urgent] Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it a...Paradigm Press | Sponsored[625,000% Gain] – Are You Ready for the Next Altcoin Boom?All of our key indicators are flashing the same signal: an altcoin season is fast approaching. And if you k...Crypto Swap Profits | SponsoredElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. 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