Yesterday, an analyst has provided a rating update for the Materials sector company, Suncor Energy (TSX: SU). AltaCorp Captial’s analyst Nick Lupick reiterates their Hold rating on the shares, with a C$53 price target.
Lupick has an average return of 8.4% when recommending Suncor Energy.
According to TipRanks.com, Lupick is ranked #1833 out of 4873 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Suncor Energy with a C$60.13 average price target.
The company has a one-year high of C$55.47 and a one-year low of C$39.22. Currently, Suncor Energy has an average volume of 2.64M.
Suncor Energy, Inc. is an integrated energy company, which develops petroleum resource basins. Its activities include oil sands development, and upgrading, onshore and offshore oil and gas production, petroleum refining, and product marketing.
The company’s shares closed on Wednesday at C$52.73.
