Buy, Sell or Hold: Suncor Energy Inc (SU-T) — Stock Predictions at Stockchase

TSE:SU

43.29

1.53 (3.66%) 1d

Showing 1 to 15 of 1,906 entries

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TOP PICK

Stockchase Research Editor: Michael O'Reilly We reiterate this 720,000 boepd producer as a TOP PICK. Consider this as an inflation hedge that pays you to hold it. It currently trades at 7x earnings and 1.5x book value and supports a ROE of 24%. It pays a good dividend, backed by a payout ratio under 30% of earnings. We continue to recommend a stop-loss at $32, looking to achieve $50 -- upside potential over 21%. Yield 4.6% (Analysts’ price target is $49.95)

integrated oils

BUY

One of the benchmark stocks in Canada. Bullish on energy as a group, despite the great run. Higher oil prices will persist. Move to electric will take longer than believed. Oil prices have come off recently, due to recessionary fears, but prices shouldn't go much lower.

integrated oils

HOLD

New CEO should be a good catalyst for share appreciated. Cheap share price of stock (trading at 2.6x cash flow). Company could implement strong dividend and share buybacks if desired. Wait and see what happens with new CEO.

integrated oils

BUY

In the sweet spot. Energy will probably stay a bit higher over time than thought, and SU will benefit. Ask yourself strategically whether you want to be in energy? If so, this is a good stock.

integrated oils

BUY

Trading at 200-day MA, a potential support level. Serious imbalance with supply/demand. Russia-Ukraine situation will affect supply, which should firm up prices. 12% dividend increase, doubled share repurchase plan. Free cashflow yield is very strong, about 16-17%. Yield is 4.7%.

integrated oils

DON'T BUY

Company has great asset base and is a good business. Large amounts of cash flow with high energy prices. Not sure what outcome of oil price will be. If growth of economy slows down, will affect demand for oil. Not investing in energy sector.

integrated oils

BUY on WEAKNESS

Does not own stock. Believes recent management team change was good. Currently value is excellent with share price. No catalyst to increase share price.

integrated oils

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TOP PICK

Stockchase Research Editor: Michael O'Reilly This 720,000 boepd producer saw a four fold increase in net earnings over the year. The company has announced a deal to divest their UK and Norwegian assets for over $400 million. The new CEO has pledged to improve the company's safety record. It currently trades at 10x earnings and 1.5x book value and supports a ROE of 24%. It pays a good dividend, backed by a payout ratio under 40% of cash flow. We recommend placing a stop-loss at $32, looking to achieve $50 -- upside potential over 24%. Yield 4.79% (Analysts’ price target is $49.95)

integrated oils

WAIT

Why selling gas stations? Activist investor is looking for ways to unlock value in the shares. He prefers CNQ in the large cap space, a more disciplined capital allocator. This one's in wait-and-see mode.

integrated oils

Unspecified

It is a multi-faceted company and has held up in spite of the short-term drop in oil prices. Favourable in the near term but in the long term it is questionable where oil will go.

integrated oils

TOP PICK

Not concerned about recent turnover in management. Generational assets with extremely long reserve life. Believes assets are very undervalued. Rise in energy prices creating record cash flow and profitability. Share price presenting very good buying opportunity.

integrated oils

TOP PICK

Largest integrated company in Canada. Shares down to 200-day MA, due to safety issues, an opportunity. Sale of retail unit would unlock shareholder value. Energy prices will remain firm over many years. Saudis surprise-announced they have a ceiling on production capacity. Yield is 4.62%. (Analysts’ price target is $57.77)

integrated oils

TOP PICK

Attractive dividend, 35% free cashflow. Activist investor is making positive changes such as new CEO, board seats, and selling down retail. Oil has run, but the Ukraine conflict is not over. Having some exposure to commodities, and oil in particular, in an inflationary environment makes some sense. Yield is 4.66%. (Analysts’ price target is $58.07)

integrated oils

DON'T BUY

Sadly, 5th fatality since 2021. Needs to be a real change in culture to improve safety, which is creating a disconnect from what underlying commodities are doing. Shareholder activism has produced good returns. Near-term challenges.

integrated oils

HOLD

Generating huge free cash and returning it to shareholders. Getting over operational issues. Huge valuation gap from its larger peers. Balance sheet's in great condition. Continue to hold if you believe, as he does, that energy prices will remain elevated.

integrated oils

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Suncor Energy Inc(SU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 24

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 36

Stockchase rating for Suncor Energy Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Suncor Energy Inc(SU-T) Frequently Asked Questions

What is Suncor Energy Inc stock symbol?

Suncor Energy Inc is a Canadian stock, trading under the symbol SU-T on the Toronto Stock Exchange (SU-CT). It is usually referred to as TSX:SU or SU-T

Is Suncor Energy Inc a buy or a sell?

In the last year, 36 stock analysts published opinions about SU-T. 24 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Suncor Energy Inc.

Is Suncor Energy Inc a good investment or a top pick?

Suncor Energy Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Suncor Energy Inc.

Why is Suncor Energy Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Suncor Energy Inc worth watching?

36 stock analysts on Stockchase covered Suncor Energy Inc In the last year. It is a trending stock that is worth watching.

What is Suncor Energy Inc stock price?

On 2022-10-04, Suncor Energy Inc (SU-T) stock closed at a price of $43.29.

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