Suncor Energy Inc has shown steady growth, with recent developments hinting at further potential.
Suncor Energy Inc (SU.TO) closed at C$99.15 on Monday, reflecting a 1.85% increase for the day and a 1.32% rise over the past week. The stock has gained 2.40% in the last month and an impressive 56.99% year-to-date, indicating a strong performance in the energy sector. The recent price action can be attributed to strategic moves by the company, including asset divestitures and efforts to enhance shareholder returns.
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Suncor Energy Inc
SU.TO
SU.TO
Suncor Energy Inc
WealthAwesomeMarket cap
$116.06B
P/E
13.1x
Div. yield
2.46%
Div. / share
$2.37
52W high
$100.24
52W low
$51.43
1W change
+1.32%
Beta
0.56
Analyst Price Targets
Based on analyst covering SU · as of Sep 30, 2026
Wall Street analysts forecast SU stock price to rise 9.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$107.20
+9.1% Upside
Previously C$105.80 on Sep 29, 2026
Current Price
C$98.29
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SU's historical volatility
30-Day Vol
27.8%
Annualized
90-Day Vol
30.9%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$117.51
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$104.32 | C$94.79 – C$114.81 |
| 60 trading days | C$110.72 | C$96.69 – C$126.78 |
| 90 trading days | C$117.51 | C$99.54 – C$138.72 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should note Suncor's ongoing strategic initiatives, which may enhance shareholder value in the long term. The stock's strong performance metrics and market position in the energy sector could present opportunities for those looking to invest in Canadian oil and gas.
Bull case
Suncor's recent decision to sell off non-core offshore assets aims to streamline operations and boost shareholder returns. Along with the recent Pathways CCS deal, analysts believe the stock is undervalued and has potential for growth as carbon capture initiatives gain traction.
Bear case
Despite the positive outlook, potential investors should be cautious of market fluctuations and regulatory challenges in the energy sector. The stock's beta of 0.56 indicates lower volatility compared to the market, but external factors could still impact performance.
Recent Company News
Suncor Energy has been in the headlines recently with significant corporate actions. On October 4, the company announced its intention to divest non-core offshore assets, a move aimed at increasing shareholder returns. This strategic shift is expected to streamline operations and enhance overall efficiency. Additionally, discussions surrounding the Pathways CCS deal suggest that Suncor could be undervalued by approximately 8%, further encouraging investor interest.
Technical Picture
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Suncor's technical indicators present a positive outlook. The stock is currently trading above its 50-day moving average of C$93.28 by 6.3% and its 200-day moving average of C$83.43 by 18.8%. The 52-week range for SU.TO is C$51.43 to C$100.24, indicating that the stock is currently at 98% of its range. With a beta of 0.56, the stock exhibits lower volatility compared to the broader market, making it an attractive option for risk-averse investors. Recent trading volume stood at 5,964,078 shares, which is slightly below the 20-day average of 6,407,811 shares, suggesting a moderate interest level in the stock.
Insider Activity
There have been no recent disclosures of insider activity for Suncor Energy, which may indicate that current shareholders are confident in the company's future direction and performance.
Price Action Summary
Suncor Energy Inc closed at C$99.15, reflecting a 1.85% increase for the day. The stock remains a focal point for investors in the energy sector, especially given its strong year-to-date performance and potential for further growth.
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