Suncor Energy Stock Target Price and Analyst Consensus

SU Stock  USD 36.48  0.05  0.14%   
The current analyst and expert consensus on Suncor Energy is Buy with 10 hold recommendations. The current projected Suncor Energy target price consensus is 38.74 with 20 analyst opinions. One of the most common ways Suncor Energy analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Suncor Energy vendors, executives, and/or customers. Suncor Energy recommendation module provides expert sentiment on the projected Suncor Energy target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Suncor Energy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.
Lowest Forecast
35.25
Highest Forecast
43
Target Price
38.74
At this time, Suncor Energy's Net Profit Margin is comparatively stable compared to the past year. Gross Profit Margin is likely to gain to 0.58 in 2024, whereas Gross Profit is likely to drop slightly above 10.1 B in 2024. At this time, Suncor Energy's Short Term Debt is comparatively stable compared to the past year. Other Assets is likely to gain to about 2.2 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 5.5 B in 2024.
  
It's important to approach Suncor Energy's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Suncor Energy Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Suncor target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Suncor Energy's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   20  Buy
Most Suncor analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Suncor stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Suncor Energy, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Suncor Energy Target Price Projection

Suncor Energy's current and average target prices are 36.48 and 38.74, respectively. The current price of Suncor Energy is the price at which Suncor Energy is currently trading. On the other hand, Suncor Energy's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Suncor Energy Market Quote on 28th of March 2024

Low Price35.94Odds
High Price36.48Odds

36.48

Target Price

Analyst Consensus On Suncor Energy Target Price

Low Estimate35.25Odds
High Estimate43.0Odds

38.74

Historical Lowest Forecast  35.25 Target Price  38.74 Highest Forecast  43.0
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Suncor Energy and the information provided on this page.

Suncor Energy Analyst Ratings

Suncor Energy's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Suncor Energy stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Suncor Energy's financials, market performance, and future outlook by experienced professionals. Suncor Energy's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Suncor Energy price targets

Suncor Energy's stock target price is an estimate of its future price, usually made by analysts. Using Suncor Energy's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Suncor Energy's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Suncor Energy's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Suncor Energy Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Suncor Energy is a key component of Suncor Energy valuation and have some predictive power on the future returns of a Suncor Energy.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Suncor Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
35.0936.6338.17
Details
Intrinsic
Valuation
LowRealHigh
35.4536.9938.53
Details
Naive
Forecast
LowNextHigh
34.8836.4237.96
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.780.981.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Suncor Energy. Your research has to be compared to or analyzed against Suncor Energy's peers to derive any actionable benefits. When done correctly, Suncor Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Suncor Energy.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Video Games Idea
Video Games
Invested few shares
Cash Cows Idea
Cash Cows
Invested a lot of shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 100 shares
Business Services Idea
Business Services
Invested few shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
Momentum Idea
Momentum
Invested few shares
When determining whether Suncor Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Suncor Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Suncor Energy Stock. Highlighted below are key reports to facilitate an investment decision about Suncor Energy Stock:
Check out Macroaxis Advice on Suncor Energy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Suncor Stock analysis

When running Suncor Energy's price analysis, check to measure Suncor Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Suncor Energy is operating at the current time. Most of Suncor Energy's value examination focuses on studying past and present price action to predict the probability of Suncor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suncor Energy's price. Additionally, you may evaluate how the addition of Suncor Energy to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Money Managers
Screen money managers from public funds and ETFs managed around the world
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
The data published in Suncor Energy's official financial statements usually reflect Suncor Energy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Suncor Energy. For example, before you start analyzing numbers published by Suncor accountants, it's critical to develop an understanding of what Suncor Energy's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Suncor Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Suncor Energy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Suncor Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Suncor Energy. Please utilize our Beneish M Score to check the likelihood of Suncor Energy's management manipulating its earnings.