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Suncor Energy Inc. (SU) has a Market value of 45.87 Billion

Suncor Energy Inc. (SU) has a Market value of 45.87 Billion

06/09/2017 - Suncor Energy Inc. was downgraded to "sector perform" by analysts at Scotiabank. Piper Jaffray Companies dropped their price target on shares of Suncor Energy from $40.00 to $38.00 and set an "overweight" rating on the stock in a research report on Monday, July 3rd. Finally, Goldman Sachs Group, Inc. They now have a $52.00 target price on the oil and gas producer's stock, up from their previous target price of $47.00. They noted that the move was a valuation call.

12/16/2016 - Wells Fargo began new coverage on Suncor Energy Inc. giving the company a "outperform" rating.

Analysts reviewing Suncor Energy Inc. have recently updated their recommended buy/sell ratings and price targets on the stock. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company's stock. (The) upgraded Suncor Energy from a buy rating to a conviction-buy rating and raised their target price for the stock from $25.00 to $34.00 in a research note on Wednesday, April 5th. The stock has a market cap of $49.60 billion, a price-to-earnings ratio of 41.49 and a beta of 0.80.

The stock Hit its 1-year high of $33.79 on 12/12/16 and its 1-year low price of $25.70 on 09/27/16.

The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -4.83% and has no so good Year to Date (YTD) Performance of -10.37% which means the stock is constantly adding to its value from previous fiscal year end price.

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Suncor Energy Inc (Suncor) is an integrated energy company.

The company also recently declared a quarterly dividend, which was paid on Monday, June 26th. Stockholders of record on Monday, June 5th were paid a $0.2371 dividend. The ex-dividend date was Thursday, June 1st. This represents a $0.95 annualized dividend and a yield of 3.19%.

Suncor Energy Inc (NYSE:SU) now has a trailing P/E of 40.92 while its forward P/E according to Thomson Reuters is 17.34.

Several other hedge funds have also added to or reduced their stakes in the stock. OLD Mutual Customised Solutions Proprietary Ltd. increased its position in shares of Suncor Energy by 7.1% in the first quarter. Perkins Coie Trust Co now owns 30,135 shares of the oil and gas producer's stock valued at $880,000 after buying an additional 971 shares in the last quarter. Dodge & Cox purchased a new position in Suncor Energy during the fourth quarter worth $681,400,000. Winslow Evans & Crocker Inc.'s holdings in Suncor Energy were worth $723,000 at the end of the most recent quarter. Wellington Management Group LLP now owns 62,617,740 shares of the oil and gas producer's stock valued at $1,922,960,000 after buying an additional 3,103,397 shares during the last quarter. BlackRock Inc. now owns 23,556,647 shares of the oil and gas producer's stock worth $724,366,000 after buying an additional 23,556,443 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in Suncor Energy by 5.2% in the first quarter.

The Average Volume for 10 days is 3.64 Million for Suncor Energy Inc (NYSE:SU). The Firm is focused on developing Canada's petroleum resource basin, Athabasca oil sands.