Suncor Energy Inc. (SU) Insider Mark Stephen Little Acquires 539 Shares of Stock
Suncor Energy Inc. (TSE:SU) (NYSE:SU) insider Mark Stephen Little purchased 539 shares of the company’s stock in a transaction on Tuesday, October 31st. The stock was acquired at an average price of C$43.79 per share, with a total value of C$23,602.81.
Suncor Energy Inc. (SU) traded up C$0.73 during trading on Friday, hitting C$44.99. 2,434,000 shares of the stock traded hands.
SU has been the subject of several research reports. TD Securities dropped their price target on shares of Suncor Energy from C$46.00 to C$45.00 and set a “buy” rating for the company in a research note on Thursday, July 27th. AltaCorp Capital downgraded shares of Suncor Energy from an “outperform” rating to a “sector perform” rating in a research note on Friday, July 28th. J P Morgan Chase & Co boosted their price target on shares of Suncor Energy from C$39.00 to C$42.00 in a research note on Thursday, September 14th. Barclays PLC boosted their price target on shares of Suncor Energy from C$47.00 to C$49.00 in a research note on Tuesday, October 10th. Finally, National Bank Financial dropped their price target on shares of Suncor Energy from C$50.00 to C$49.00 and set an “outperform” rating for the company in a research note on Friday, October 13th. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$49.17.
About Suncor Energy
Suncor Energy Inc (Suncor) is an 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.
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