There’s a lot to be optimistic about in the Utilities sector as 1 analysts just weighed in on and Suncor Energy (SU) with bullish sentiments.
Suncor Energy (SU)
In a report released yesterday, Tudor Pickering from Tudor Pickering reiterated a Buy rating on Suncor Energy. The company’s shares closed last Thursday at $17.16.
Suncor Energy has an analyst consensus of Strong Buy, with a price target consensus of $23.07, implying a 30.0% upside from current levels. In a report issued on January 29, Barclays also maintained a Buy rating on the stock with a C$32.00 price target.
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