09:29:57 EST Sun 08 Feb 2026
Enter Symbol
or Name
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Suncor Energy Inc
Symbol SU
Shares Issued 1,193,519,494
Close 2026-01-27 C$ 70.58
Market Cap C$ 84,238,605,887
Recent Sedar+ Documents

Globe says Suncor Energy maintained at "buy"

2026-01-27 07:16 ET - In the News

The Globe and Mail reports in its Tuesday, Jan. 27, edition that Desjardins Securities analyst Chris MacCulloch is keeping his "buy" call for Suncor Energy intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. MacCulloch gave his share target a $5 boost to $79. Analysts on average target the shares at $67.99. Mr. MacCulloch says in a note: "After releasing robust operational results in early January that were positively received by the market, we expect a relatively thin corporate update prior to the investor day on March 31. That said, the company has considerable operational momentum, and management appears poised to continue building on that through the announcement of new performance targets at the investor day, with an overriding focus on delivering additional shareholder value. Given the continued emphasis on streamlining operations, we expect Suncor to outline new strategies to further ramp production at Fort Hills while potentially re-baselining nameplate capacities of its upgraders and refineries. Meanwhile, the company also plans to present an initial roadmap for long-term replacement of base mine volumes, likely through expanded SAGD development later this decade."

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