Suncor Energy (TSE:SU) Cut to Hold at The Goldman Sachs Group

Posted by on Jun 6th, 2026

Suncor Energy (TSE:SU – Get Free Report) (NYSE:SU) was downgraded by The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a note issued to investors on Friday,Zacks.com reports.

SU has been the subject of a number of other reports. TD lifted their target price on shares of Suncor Energy from C$91.00 to C$113.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Scotiabank boosted their price objective on shares of Suncor Energy from C$80.00 to C$85.00 in a research note on Wednesday, April 1st. National Bank Financial boosted their price objective on shares of Suncor Energy from C$85.00 to C$118.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. TD Securities upped their target price on shares of Suncor Energy from C$81.00 to C$91.00 and gave the company a “buy” rating in a research note on Wednesday, April 1st. Finally, ATB Cormark Capital Markets upgraded shares of Suncor Energy from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, April 1st. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$93.13.

Check Out Our Latest Analysis on Suncor Energy

Suncor Energy Price Performance

TSE SU opened at C$86.85 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.42 and a debt-to-equity ratio of 32.36. The stock has a market capitalization of C$102.55 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 0.15 and a beta of 0.14. The company has a 50 day moving average price of C$89.88 and a two-hundred day moving average price of C$76.71. Suncor Energy has a 12-month low of C$50.11 and a 12-month high of C$96.53.

Suncor Energy (TSE:SU – Get Free Report) (NYSE:SU) last posted its earnings results on Tuesday, May 5th. The company reported C$1.93 earnings per share (EPS) for the quarter. The firm had revenue of C$14.48 billion during the quarter. Suncor Energy had a net margin of 12.17% and a return on equity of 14.01%. As a group, equities analysts predict that Suncor Energy will post 4.4208333 earnings per share for the current fiscal year.

About Suncor Energy

(Get Free Report)

Suncor Energy Inc is an integrated energy company. The company’s operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company’s PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.

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Analyst Recommendations for Suncor Energy (TSE:SU)

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