Suncor Energy (TSE:SU) (NYSE:SU) had its price objective upped by Barclays from C$50.00 to C$52.00 in a research note issued to investors on Friday morning.

A number of other research firms have also issued reports on SU. Wells Fargo & Co increased their target price on Suncor Energy from C$56.00 to C$59.00 in a research note on Thursday, January 11th. Eight Capital set a C$56.00 target price on Suncor Energy and gave the company a neutral rating in a research note on Thursday, January 11th. National Bank Financial raised their price objective on Suncor Energy from C$49.00 to C$56.00 and gave the company an outperform rating in a research note on Tuesday, January 9th. TD Securities lowered Suncor Energy from a buy rating to a hold rating and set a C$50.00 price objective for the company. in a research note on Thursday, November 16th. Finally, CIBC raised their price objective on Suncor Energy from C$53.00 to C$55.00 in a research note on Thursday, November 16th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of C$51.54.

Shares of Suncor Energy (SU) opened at C$42.06 on Friday. Suncor Energy has a 12 month low of C$36.09 and a 12 month high of C$47.69. The stock has a market capitalization of $69,030.00, a PE ratio of 19.47 and a beta of 0.40.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 26th. Shareholders of record on Monday, March 5th will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend is Friday, March 2nd. This is a positive change from Suncor Energy’s previous quarterly dividend of $0.32. Suncor Energy’s dividend payout ratio (DPR) is 57.87%.

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Suncor Energy Company Profile

Suncor Energy Inc is a Canada-based integrated energy company. The Company is focused on developing Canada’s petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company’s Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations.

Analyst Recommendations for Suncor Energy (TSE:SU)

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