Suncor Energy, Inc. (SU) Stock Forecast & Predictions

Suncor Energy, Inc. SU: $20.08

150 6th Avenue S.W., Calgary, Alberta, Canada. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.suncor.com/

  • Market Cap$31.02B
  • Change (52 Weeks)36.26%
  • Low (52 Weeks)$10.48
  • Suncor Energy, Inc. (SU) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Suncor Energy, Inc. (SU) stock price is $20.08 and the 52 weeks low is $10.48, which means the Suncor Energy, Inc. stock price is up 36.26% in the last 12 months.

    Suncor Energy, Inc. (SU) Stock Price has been Trending Strongly with an ADX reading of 25.24 as per the Weekly Chart.

    A Upward trend indicates that Suncor Energy, Inc. (SU) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that SU Stock price might rise further, 18.75% indicating that SU Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall SU stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Suncor Energy, Inc. (SU) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Suncor Energy, Inc. (SU) is based on 30 Institutional Analyst Ratings where 60.00% are on Strong Buy, 16.67% on Moderate Buy, 23.33% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 30 Institutional Analysts, majority recommended SU stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Suncor Energy, Inc..

    Suncor Energy, Inc. (SU) Stock Price Prediction By Analysts


    HighLowAverage
    $40.95$25.25$33.62
    $33.6267.42% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for SU set by the institutional analysts is $33.62 where High Estimate is $40.95, Median $32.27025 and Low $25.25.

    The average price target for SU by Institutional Analysts is $33.62, which is 67.42% Upside from the current price. So according to the Institutional Analysts, SU Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Suncor Energy, Inc. (SU) Stock Forecast Based on News Sentiment


    Neutral
    Based on 7 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of SU consisting of positive and negative, it shows that Suncor Energy, Inc. had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so SU stock price most likey won't have any reaction to last weeks news coverage.

    Suncor Energy, Inc. (SU) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond James FinancialOutperformDowngraded
    SbankSector PerformUpgraded
    National Bank FinancialSector PerformDowngraded
    Goldman SachsBuyInitiated
    CitigroupSector PerformUpgraded
    Tudor PickeringBuyUpgraded
    RBC CapitalOutperformUpgraded
    Tudor PickeringBuyInitiated
    Raymond James FinancialOutperformUpgraded
    BMO Capital MarketsUpgraded
    Goldman SachsBuyInitiated
    Bank of AmericaUpgraded
    Goldman SachsBuyInitiated
    Credit SuisseOutperformInitiated
    National Bank FinancialSector PerformUpgraded
    National Bank FinancialUpgraded
    Eight CapitalUpgraded
    RBC CapitalOutperformInitiated
    Tudor PickeringBuyMaintained
    Raymond James FinancialOutperformUpgraded
    Goldman SachsBuyInitiated
    ATB CapitalOutperformInitiated
    Credit SuisseUpgraded
    CitigroupUpgraded
    Tudor PickeringBuyUpgraded
    UBSUpgraded
    CIBC World MarketsUpgraded
    JPMorgan ChaseUpgraded
    Tudor PickeringBuyInitiated
    Raymond James FinancialOutperformMaintained
    Cormark SecuritiesUpgraded
    TD SecuritiesBuyUpgraded
    National Bank FinancialSector PerformUpgraded
    Tudor PickeringBuyInitiated
    JPMorgan ChaseDowngraded
    Cormark SecuritiesDowngraded
    CitigroupNeutralDowngraded
    BMO Capital MarketsDowngraded
    CIBCOutperformerInitiated
    Morgan StanleyDowngraded
    TD SecuritiesBuyDowngraded
    Eight CapitalDowngraded
    Wells FargoDowngraded
    TD SecuritiesBuyDowngraded
    Evercore ISIDowngraded
    Tudor PickeringBuyInitiated
    Wells FargoDowngraded
    RBC CapitalOutperformInitiated
    National Bank FinancialUpgraded
    JPMorgan ChaseUpgraded
    Cormark SecuritiesDowngraded
    Raymond James FinancialOutperformUpgraded
    CitigroupUpgraded
    Tudor PickeringBuyInitiated
    RBC CapitalOutperformInitiated
    Tudor PickeringBuyInitiated
    Credit SuisseOutperformMaintained
    Evercore ISIDowngraded
    Raymond James FinancialOutperformUpgraded
    CitigroupDowngraded
    National Bank FinancialSector PerformDowngraded
    CIBC World MarketsDowngraded
    Tudor PickeringBuyInitiated
    SbankDowngraded
    Credit SuisseDowngraded
    CIBC World MarketsDowngraded
    RBC CapitalOutperformDowngraded
    Raymond James FinancialOutperformDowngraded
    National Bank FinancialSector PerformDowngraded
    Tudor PickeringBuyInitiated
    JPMorgan ChaseDowngraded
    Wells FargoDowngraded
    RBC CapitalDowngraded
    Evercore ISIDowngraded
    Raymond James FinancialOutperformDowngraded
    JPMorgan ChaseDowngraded
    National Bank FinancialSector PerformDowngraded
    Canaccord GenuityDowngraded
    JPMorgan ChaseDowngraded
    Raymond James FinancialOutperformInitiated
    CitigroupUpgraded
    SbankDowngraded
    Wells FargoUpgraded
    Credit SuisseDowngraded
    Raymond James FinancialOutperformInitiated
    National Bank FinancialSector PerformDowngraded
    RBC CapitalDowngraded
    National Bank FinancialSector PerformDowngraded
    CIBC World MarketsDowngraded
    Evercore ISIDowngraded
    CitigroupDowngraded
    National Bank FinancialSector PerformDowngraded
    CitigroupDowngraded
    Credit SuisseDowngraded
    Raymond James FinancialNeutralInitiated
    GMP SecuritiesDowngraded
    TD SecuritiesBuyDowngraded
    RBC CapitalDowngraded
    CIBC World MarketsDowngraded
    National Bank FinancialOutperformDowngraded
    GMP SecuritiesDowngraded
    National Bank FinancialOutperformDowngraded
    Raymond James FinancialOutperformInitiated
    National Bank FinancialUpgraded
    Evercore ISI GroupIn-LineDowngraded
    Evercore ISIIn-LineDowngraded
    Credit SuisseOutperformUpgraded
    Canaccord GenuityUpgraded
    TD SecuritiesBuyUpgraded
    Raymond James FinancialOutperformInitiated
    National Bank FinancialOutperformUpgraded
    MacquarieOutperformUpgraded
    GMP SecuritiesUpgraded
    CIBC World MarketsUpgraded
    Morgan StanleyDowngraded
    Credit SuisseNeutralInitiated
    Canaccord GenuityDowngraded
    BarclaysDowngraded
    UBSDowngraded
    UBSDowngraded
    TD SecuritiesBuyDowngraded
    Raymond James FinancialOutperformInitiated
    Cormark SecuritiesDowngraded
    GMP SecuritiesHoldDowngraded
    JPMorgan ChaseDowngraded
    National Bank FinancialOutperformDowngraded
    CIBC World MarketsDowngraded
    Morgan StanleyDowngraded
    Canaccord GenuityDowngraded
    Raymond James FinancialOutperformInitiated
    Mizuho SecuritiesDowngraded
    GARP ResearchBuyUpgraded
    BMO Capital MarketsUpgraded
    Raymond James FinancialUpgraded
    National Bank FinancialUpgraded
    CIBC World MarketsOutperformInitiated
    CIBCOutperformerInitiated
    Canaccord GenuityUpgraded
    National Bank FinancialOutperformUpgraded
    TD SecuritiesBuyUpgraded
    BMO Capital MarketsUpgraded
    Mizuho SecuritiesBuyInitiated
    MizuhoBuyInitiated
    Credit SuisseUpgraded
    BarclaysUpgraded
    Canaccord GenuityUpgraded
    Raymond James FinancialUpgraded
    Macquarie ResearchUpgraded
    Altacorp CapitalSector PerformDowngraded
    TD SecuritiesBuyUpgraded
    Morgan StanleyOverweightMaintained
    CitigroupUpgraded
    UBSUpgraded
    Raymond James FinancialUpgraded
    Canaccord GenuityUpgraded
    RBC CapitalOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    BMO Capital MarketsUpgraded
    BarclaysUpgraded
    TD SecuritiesBuyUpgraded
    Raymond James FinancialUpgraded
    Morgan StanleyOverweightMaintained
    Credit SuisseUpgraded
    Wells FargoUpgraded
    UBSBuyInitiated
    TD SecuritiesBuyUpgraded
    RBC CapitalUpgraded
    JP MorganOverweightUpgraded
    BarclaysUpgraded
    Wells FargoUpgraded
    Eight CapitalNeutralInitiated
    National Bank FinancialOutperformUpgraded
    Raymond James FinancialOutperformUpgraded
    Edward JonesBuyUpgraded
    TD SecuritiesHoldDowngraded
    RBC CapitalUpgraded
    GMP SecuritiesUpgraded
    CIBC World MarketsUpgraded
    BarclaysUpgraded
    CIBC World MarketsUpgraded
    National Bank FinancialOutperformDowngraded
    Morgan StanleyOverweightMaintained
    BarclaysUpgraded
    JPMorgan ChaseUpgraded
    National Bank FinancialOutperformInitiated
    TD SecuritiesBuyMaintained
    Canaccord GenuityBuyMaintained
    SbankOutperformMaintained
    RBC CapitalOutperformMaintained
    UBSBuyMaintained
    Raymond James FinancialOutperformMaintained
    CIBC World MarketsMaintained
    MacquarieNeutralDowngraded
    BMO Capital MarketsMaintained
    Wells FargoOutperformInitiated
    RBC CapitalMaintained
    Desjardins SecuritiesBuyUpgraded
    DesjardinsBuyUpgraded
    TD SecuritiesBuyMaintained
    RBC CapitalOutperformMaintained
    BMO Capital MarketsOutperformMaintained
    Morgan StanleyOverweightUpgraded
    SbankOutperformMaintained
    RBC CapitalSector PerformMaintained
    Raymond James FinancialMaintained
    BarclaysOverweightMaintained
    MacquarieOutperformUpgraded
    BMO Capital MarketsOutperformMaintained
    Bank of AmericaBuyInitiated
    SbankOutperformMaintained
    JPMorgan ChaseMaintained
    TD SecuritiesBuyMaintained
    SbankOutperformMaintained
    RBC CapitalOutperformMaintained
    CitigroupBuyUpgraded
    TD SecuritiesBuyUpgraded
    Raymond James FinancialOutperformMaintained
    RBC CapitalMaintained
    National Bank FinancialMaintained
    TD SecuritiesHoldMaintained
    BMO Capital MarketsOutperformMaintained
    Desjardins SecuritiesMaintained
    CitigroupNeutralDowngraded
    NomuraBuyMaintained
    JP MorganNeutralInitiated
    CitigroupBuyUpgraded
    RBC CapitalOutperformMaintained
    First EnergyUnderperformDowngraded
    TD SecuritiesHoldMaintained
    NomuraMaintained
    BarclaysMaintained
    National Bank FinancialSector PerformMaintained
    TD SecuritiesHoldDowngraded
    Raymond James FinancialOutperformMaintained
    National Bank FinancialOutperformMaintained
    SbankSector OutperformMaintained
    Raymond James FinancialMaintained
    National Bank FinancialOutperformUpgraded
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    SbankMaintained
    Goldman SachsBuyInitiated
    UBSBuyInitiated
    NomuraBuyInitiated
    GMP SecuritiesHoldInitiated
    Credit SuisseOutperformMaintained
    SbankMaintained
    National Bank FinancialSector PerformMaintained
    Deutsche BankNeutralMaintained
    RBC CapitalOutperformMaintained
    Bank of AmericaNeutralDowngraded
    Raymond James FinancialOutperformMaintained
    CIBC World MarketsOutperformMaintained
    National Bank FinancialOutperformMaintained
    National Bank FinancialSector PerformMaintained
    CitigroupBuyUpgraded
    AltaCorp CapitalOutperformInitiated
    National Bank FinancialOutperformMaintained
    Global HunterBuyMaintained
    First EnergyMaintained
    Raymond James FinancialOutperformMaintained
    National Bank FinancialMaintained
    BMO Capital MarketsOutperformMaintained
    BarclaysOutperformMaintained
    SbankSector OutperformMaintained
    RBC CapitalOutperformMaintained
    CitigroupNeutralMaintained
    Raymond James FinancialOutperformMaintained
    SbankMaintained
    FirstEnergy CapitalOutperformUpgraded
    Morgan StanleyEqual-WeightInitiated
    Morgan StanleyEqual-WeightInitiated
    Raymond James FinancialOutperformMaintained
    Raymond James FinancialOutperformMaintained
    Canaccord GenuityBuyMaintained
    RBC CapitalOutperformMaintained
    FirstEnergy CapitalMarket PerformDowngraded
    ISI GroupBuyInitiated
    RBC CapitalOutperformMaintained
    National Bank FinancialOutperformMaintained
    Canaccord GenuityBuyMaintained
    Stifel NicolausHoldDowngraded
    BMO Capital MarketsMaintained
    SbankMaintained
    CitigroupNeutralInitiated
    Credit SuisseOutperformInitiated
    Global Hunter SecuritiesBuyInitiated
    TD SecuritiesBuyMaintained
    Stifel NicolausBuyMaintained
    RBC CapitalOutperformMaintained
    National Bank FinancialMaintained
    CIBC World MarketsSector OutperformMaintained
    JP MorganOverweightUpgraded
    BMO CapitalOutperformUpgraded
    Stifel NicolausBuyUpgraded

    Suncor Energy, Inc. (SU) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.135
    The average consensus EPS for SU is $0.135 with a high estimate of $0.473 and Low of $-0.363 for the period 2021-06-30 and based on 13 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.09$-0.166942400000000022020-12-31


    The latest average Earning Per Share Estimate for Suncor Energy, Inc. is $0.14, which is higher than SU's last EPS, $-0.09. This means that Analysts are expecting Suncor Energy, Inc. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Suncor Energy, Inc..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.09$-0.166942400000000022020-12-31
    $-0.2$-0.12815262020-09-30
    $-0.98$-0.62232599999999992020-06-30
    $-0.2$-0.17463652020-03-31
    $0.51$0.64812752019-12-31
    $0.72$0.75285792019-09-30
    $0.8$0.89188729999999992019-06-30
    $0.77$0.54811450000000012019-03-31
    $0.36$0.56189592018-12-31
    $0.96$0.98085872018-09-30
    $0.73$0.68861682018-06-30
    $0.6$0.53521892018-03-31
    $0.79$0.744692017-12-31
    $0.52$0.37521872017-09-30
    $0.12$0.20181822017-06-30
    $0.49$0.308103900000000042017-03-31
    $0.38$0.17752052016-12-31
    $0.21$0.08872422016-09-30
    $-0.36$-0.27041622016-06-30
    $-0.33$-0.25787082016-03-31
    $-0.02$0.098086899999999992015-12-31
    $0.28$0.188253099999999982015-09-30
    $0.63$0.328570000000000032015-06-30
    $0.12$0.1353422015-03-31
    $0.27$0.36005712014-12-31
    $0.89$0.79367680000000012014-09-30
    $0.77$1.0016752014-06-30
    $1.22$0.96235992014-03-31
    $0.66$0.80966242013-12-31
    $0.95$0.89910762013-09-30
    $0.62$0.649932013-06-30
    $0.9$0.76921432013-03-31
    $0.65$0.78118290000000012012-12-31
    $0.85$0.79967142012-09-30
    $0.81$0.73971512012-06-30
    $0.85$0.83541242012-03-31
    $0.91$0.93200582011-12-31
    $1.13$0.82265070000000012011-09-30
    $0.62$0.69731000000000012011-06-30
    $0.94$0.79450080000000012011-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).