Best answer: Should I invest in Suncor?

Is Suncor a good investment?

It’s a massive business that’s easily one of the highest-quality energy stocks in North America. There are a lot of benefits to buying a stock like Suncor. In addition to excellent long-term growth potential, it’s also a stock that is quite a bit more stable than its energy industry peers.

Will Suncor Energy go up?

The 20 analysts offering 12-month price forecasts for Suncor Energy Inc have a median target of 30.33, with a high estimate of 37.22 and a low estimate of 26.71. The median estimate represents a +15.36% increase from the last price of 26.29.

Is Suncor undervalued?

But, Suncor stock management seems to believe the company is undervalued. The company continued to buy back shares, repurchasing 23 million during the quarter for $643 million. That’s compared to repurchasing $522 million worth of shares in the second quarter of 2019.

Does Suncor pay a dividend?

Q: Does Suncor pay a dividend? A: Yes. Suncor pays a quarterly dividend to common shareholders. The declaration of dividends is at the sole discretion of the Board of Directors.

Is Suncor a sell?

Suncor Energy has received a consensus rating of Buy. The company’s average rating score is 2.93, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.

Is Teck Resources a buy?

Teck Resources has received a consensus rating of Buy. The company’s average rating score is 2.79, and is based on 10 buy ratings, 2 hold ratings, and 1 sell rating.

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What are analysts saying about Suncor?

SU.TO – Suncor Energy Inc.

Earnings Estimate Current Qtr. (Sep 2021) Current Year (2021)
No. of Analysts 11 9
Avg. Estimate 0.67 2.86
Low Estimate 0.56 2.28
High Estimate 0.73 3.29