Suncor Energy Inc's stock is on the rise, reflecting positive investor sentiment amid a volatile market.
Suncor Energy Inc (SU.TO) is gaining today, with shares up by 1.04% to CA$91.43. This uptick in stock price comes as investors respond favorably to the energy sector's performance amid fluctuating oil prices and ongoing market dynamics.
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Suncor Energy Inc
SU.TO
SU.TO
Suncor Energy Inc
WealthAwesomeMarket cap
$110.16B
P/E
12.5x
Div. yield
2.51%
Div. / share
$2.37
52W high
$95.89
52W low
$51.76
1W change
-3.95%
Beta
0.57
Analyst Price Targets
Based on analyst covering SU
Wall Street analysts forecast SU stock price to rise 15.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$104.60
+15.6% Upside
Current Price
C$90.49
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SU's historical volatility
30-Day Vol
31.5%
Annualized
90-Day Vol
33.2%
Annualized
Trend (90d)
+20.5%
Annualized drift
90d Mean
C$97.38
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$92.73 | C$83.19 โ C$103.37 |
| 60 trading days | C$95.03 | C$81.50 โ C$110.80 |
| 90 trading days | C$97.38 | C$80.69 โ C$117.53 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: With a market cap of over CA$110 billion and a P/E ratio of 12.08, Suncor remains a key player in the Canadian energy market, making it a stock worth watching for both short-term gains and long-term investment.
Suncor's Market Cap Exceeds CA$110 Billion
With a market cap of CA$110.16 billion, Suncor Energy Inc stands as one of the largest companies on the TSX, highlighting its significance in the Canadian energy landscape.
Bull case
Suncor's strong fundamentals, including a profit margin of 15.78% and a dividend yield of 2.54%, indicate solid financial health. This makes it an attractive option for investors seeking stability in the energy sector.
Bear case
Despite today's gains, investors should be cautious. Risks like fluctuating oil prices and regulatory challenges could affect Suncor's future performance.
Suncor's Performance Overview
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Suncor Energy Inc's stock is gaining today, reflecting a positive investor sentiment. The stock has risen by 1.04%, closing at CA$91.43. This performance shows the company's resilience in a fluctuating market, backed by its strong fundamentals.
Financial Health and Market Position
With a market cap of CA$110.16 billion and a P/E ratio of 12.08, Suncor Energy is well-positioned in the Canadian market. Investors are likely drawn to its solid profit margins and consistent dividend payouts, making it an appealing choice for those looking to invest in the energy sector. For more insights, check out our detailed analysis on Suncor Energy Inc.
Looking Ahead
While Suncor is experiencing gains today, investors should stay aware of potential market volatility and external factors that could influence future performance. Keeping an eye on upcoming financial results and market trends will be crucial for making informed investment decisions. For more information on Suncor's performance, visit our page on Suncor Energy Inc.
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Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
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