Stock Mover of The Day: Suncor Energy Inc. (USA) Stock Price Increases Today

Stock Mover of The Day: Suncor Energy Inc. (USA) Stock Price Increases Today

The stock of Suncor Energy Inc. (USA) (NYSE:SU) is a huge mover today! About 3.95M shares traded hands or 5.33% up from the average. Suncor Energy Inc. (USA) (NYSE:SU) has risen 4.64% since April 27, 2016 and is uptrending. It has underperformed by 0.59% the S&P500.
The move comes after 5 months positive chart setup for the $52.41B company. It was reported on Nov, 30 by We have $33.17 PT which if reached, will make NYSE:SU worth $1.57 billion more.

Analysts await Suncor Energy Inc. (USA) (NYSE:SU) to report earnings on February, 1. They expect $0.19 EPS, up 850.00% or $0.17 from last year’s $0.02 per share. SU’s profit will be $309.25M for 42.37 P/E if the $0.19 EPS becomes a reality. After $0.16 actual EPS reported by Suncor Energy Inc. (USA) for the previous quarter, Wall Street now forecasts 18.75% EPS growth.

Suncor Energy Inc. (USA) (NYSE:SU) Ratings Coverage

Out of 11 analysts covering Suncor Energy Inc. (NYSE:SU), 9 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 82% are positive. Suncor Energy Inc. has been the topic of 17 analyst reports since July 21, 2015 according to StockzIntelligence Inc. On Wednesday, November 2 the stock rating was upgraded by Morgan Stanley to “Overweight”. The firm has “Neutral” rating given on Tuesday, March 22 by JP Morgan. The stock has “Outperform” rating given by National Bank Canada on Friday, October 30. The firm has “Outperform” rating by Macquarie Research given on Thursday, October 27. The company was initiated on Friday, August 19 by Bank of America. The rating was downgraded by TD Securities to “Hold” on Wednesday, November 18. The firm earned “Neutral” rating on Wednesday, September 16 by Citigroup. Citigroup upgraded the shares of SU in a report on Thursday, June 23 to “Buy” rating. The stock of Suncor Energy Inc. (USA) (NYSE:SU) earned “Neutral” rating by Citigroup on Wednesday, April 20.

According to Zacks Investment Research, “SUNCOR ENERGY is a world leader in mining and extracting crude oil from the vast oil sands deposits of northern Alberta. They also explore for, develop and market natural gas, operate a refining and marketing business in Ontario, and are actively involved in the development of renewable energy sources to help meet the energy needs of tomorrow.”

More notable recent Suncor Energy Inc. (USA) (NYSE:SU) news were published by: which released: “Is Suncor Energy Inc. Going to Hit $50 Before the Year Ends?” on November 24, 2016, also with their article: “Trade of the Day: Suncor Energy Inc. (USA) (SU) Is a Long-Term Buy” published on November 22, 2016, published: “Is it Time to Reconsider Suncor Energy Inc.?” on November 18, 2016. More interesting news about Suncor Energy Inc. (USA) (NYSE:SU) were released by: and their article: “Buffett Sells Suncor Energy Inc.: What Does This Mean for the Canadian Oil Patch?” published on November 16, 2016 as well as‘s news article titled: “Suncor Energy Inc. Is Going Through Radical Change: Here’s Why” with publication date: October 26, 2016.

SU Company Profile

Suncor Energy Inc. (Suncor), incorporated on August 1, 2009, is an integrated energy company. The Firm is focused on developing Canada’s petroleum resource basin, Athabasca oil sands. The Firm operates in three business divisions: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. In addition, it explores for, acquires, develops, produces and markets natural gas and crude oil in Canada and internationally. It transports and refines crude oil, and markets petroleum and petrochemical products primarily in Canada. It also markets third-party petroleum products. Suncor conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, power and byproducts.

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