Suncor Energy Inc. (SU) Shares Sold by Baldwin Brothers Inc

Modesto Morganelli
Luglio 17, 2017

Other analysts have also recently issued research reports about the company. Piper Jaffray Companies now has an overweight rating on the oil and gas producer's stock.

According to Zacks, "Buy-rated Suncor Energy's shares have gained +6% over the last 12 months, handily outperforming the Zacks Oil & Gas - Canadian Integrated industry, which lost -9% over the same time period, as well as key rival Canadian Natural Resources". Importantly, SU's success in reducing cash costs have magnified the effects of rebound in oil prices.

A number of research analysts have weighed in on the stock. Goldman Sachs Group, Inc. Scotiabank now has C$47.00 price target on the stock. They noted that the move was a valuation call. (TSE:SU) (NYSE:SU) from an outperform rating to a sector perform rating in a report issued on Friday, June 9th.

Suncor Energy Inc (NYSE:SU) opened its previous trading session at $29.1 later Inclining 0.07% to close its trade at a share price of $29.3. National Bank Financial began coverage on shares of Suncor Energy in a research report on Tuesday, June 27th. The stock has a consensus rating of Buy and a consensus target price of $42.10.

The Stock traded with an actual day volume of 2.92 Million and average volume of 3.12 Million respectively. Suncor Energy has a 12-month low of $33.76 and a 12-month high of $44.90. The firm has a market capitalization of $49.50 billion, a PE ratio of 41.41 and a beta of 0.80. The stock has a 50 day moving average of $30.64 and a 200-day moving average of $31.30.

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The company also recently declared a quarterly dividend, which was paid on Monday, June 26th. Stockholders of record on Monday, June 5th were issued a $0.2371 dividend. The stock now provides a dividend yield of 3.19% for the Basic Materials company. The ex-dividend date was Thursday, June 1st.

Suncor Energy Inc. had its "overweight" rating reiterated by analysts at Barclays. 2,371,395 shares of the company traded hands. FMR LLC increased its stake in Suncor Energy by 3.4% in the first quarter. FMR LLC now owns 105,191,127 shares of the oil and gas producer's stock valued at $3,229,653,000 after buying an additional 3,492,013 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in Suncor Energy by 5.2% in the first quarter. Capstone Asset Management Co. now owns 140,033 shares of the oil and gas producer's stock valued at $4,089,000 after buying an additional 1,070 shares in the last quarter. BlackRock Inc. now owns 23,556,647 shares of the oil and gas producer's stock worth $724,366,000 after buying an additional 23,556,443 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Suncor Energy by 11,547,276.0% in the first quarter. The firm owned 24,750 shares of the oil and gas producer's stock at the end of the second quarter. Dodge & Cox bought a new stake in Suncor Energy during the fourth quarter worth $681,400,000. Consequently, investors will be able to grasp the rudimentary determinant of asset distribution and all kinds of risk-return parameters for stocks together with the stock mutual funds.

Now the P/E of Suncor Energy Inc.

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