Suncor Energy (NYSE:SU) Upgraded at ATB Cormark Capital Markets

Suncor Energy (NYSE:SU) (TSE:SU) was upgraded by equities research analysts at ATB Cormark Capital Markets from a “hold” rating to a “moderate buy” rating in a report released on Wednesday,Zacks.com reports.

Several other analysts have also recently weighed in on the company. Royal Bank Of Canada lifted their price target on Suncor Energy from $69.00 to $75.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Suncor Energy in a research report on Monday, December 29th. Zacks Research downgraded Suncor Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. The Goldman Sachs Group boosted their target price on shares of Suncor Energy from $66.00 to $73.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. upgraded shares of Suncor Energy from a “neutral” rating to an “overweight” rating and upped their price target for the company from $46.15 to $54.00 in a research note on Tuesday, January 20th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Suncor Energy presently has an average rating of “Moderate Buy” and a consensus price target of $67.33.

Suncor Energy Stock Down 1.8%

Suncor Energy stock opened at $64.94 on Wednesday. The company’s 50-day moving average price is $57.51 and its two-hundred day moving average price is $48.15. The company has a quick ratio of 0.89, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. The stock has a market cap of $77.27 billion, a P/E ratio of 18.71 and a beta of 0.32. Suncor Energy has a twelve month low of $30.79 and a twelve month high of $67.76.

Suncor Energy (NYSE:SU) (TSE:SU) last issued its quarterly earnings data on Tuesday, February 3rd. The oil and gas producer reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.02. Suncor Energy had a return on equity of 12.51% and a net margin of 11.99%.The company had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $8.79 billion. During the same quarter in the previous year, the company posted $1.25 earnings per share. As a group, analysts expect that Suncor Energy will post 3.42 EPS for the current year.

Institutional Trading of Suncor Energy

A number of institutional investors have recently modified their holdings of SU. Vanguard Group Inc. increased its position in shares of Suncor Energy by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 55,720,921 shares of the oil and gas producer’s stock worth $2,473,173,000 after purchasing an additional 1,166,405 shares during the period. Artisan Partners Limited Partnership lifted its position in Suncor Energy by 0.4% during the third quarter. Artisan Partners Limited Partnership now owns 33,868,775 shares of the oil and gas producer’s stock worth $1,417,029,000 after purchasing an additional 145,800 shares during the period. Dodge & Cox grew its stake in Suncor Energy by 0.3% during the third quarter. Dodge & Cox now owns 27,471,954 shares of the oil and gas producer’s stock worth $1,148,602,000 after buying an additional 70,300 shares in the last quarter. FIL Ltd increased its holdings in Suncor Energy by 14.0% in the 4th quarter. FIL Ltd now owns 21,050,387 shares of the oil and gas producer’s stock valued at $934,312,000 after buying an additional 2,592,516 shares during the period. Finally, The Manufacturers Life Insurance Company increased its holdings in Suncor Energy by 3.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,911,602 shares of the oil and gas producer’s stock valued at $779,788,000 after buying an additional 641,354 shares during the period. 67.37% of the stock is currently owned by institutional investors.

Key Stories Impacting Suncor Energy

Here are the key news stories impacting Suncor Energy this week:

• Positive Sentiment: Suncor raised shareholder returns and published a 2026 Investor Day plan that boosts buybacks and outlines a three‑year program to lift production and cash flow — supportive for yields and EPS. Investor Day presentation
• Positive Sentiment: Goldman Sachs raised its price target to $73 and holds a buy rating, implying upside from current levels and adding institutional support. Benzinga note on GS target
• Positive Sentiment: Multiple sell‑side upgrades and momentum signals (Zacks Rank #2, Raymond James reaffirmation) highlight improving earnings expectations and investor sentiment. Zacks upgrade
• Positive Sentiment: Strategic shift toward in‑situ steam‑assisted extraction by 2040 is intended to lower long‑run operating costs and improve cash generation — a structural positive for margins. Reuters: in-situ shift
• Neutral Sentiment: A valuation reassessment notes that strong 1‑year total returns have already been priced in, raising questions about upside from current levels — useful context but not an immediate catalyst. Yahoo Finance valuation piece
• Neutral Sentiment: Broader energy sector strength has driven momentum across peers; Suncor benefits from sector flows but is exposed to commodity price and geopolitical volatility. Bloomberg via Yahoo
• Negative Sentiment: Unusually large put option buying — ~28,315 puts (~2,998% above typical volume) — signals significant bearish bets or hedging activity, which can pressure the stock short‑term as market makers hedge and sentiment shifts. DefenseWorld: put activity

Suncor Energy Company Profile

Suncor Energy Inc is a Canadian integrated energy company headquartered in Calgary, Alberta. The company’s operations span the full oil and gas value chain, with principal activities in oil sands development and production, conventional exploration and production, refining, distribution and retail marketing of petroleum products. Suncor supplies crude, synthetic crude and refined fuels as well as related products and services to commercial and consumer markets.

Upstream, Suncor is a major developer and operator of oil sands projects in Alberta, using both mining and in situ technologies to produce bitumen and synthetic crude.