Majority of Analysts Rate Suncor a ‘Buy’ after 2Q16 Earnings
Analyst surveys show that eight of the nine analysts surveyed rated Suncor (SU) a “buy,” “overweight,” or “outperform.”
![Maitali Ramkumar - Author](https://media.marketrealist.com/brand-img/B3rTvxF2z/200x200/img_20181231_204721-maitali-ramkumar-1595895220527.jpg)
Aug. 3 2016, Updated 9:05 a.m. ET
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Analysts rate Suncor a ‘buy’
Analyst surveys show that eight of the nine companies surveyed rated Suncor (SU) a “buy,” “overweight,” or “outperform.” The highest and lowest 12-month price targets were $37 and $31, respectively, indicating a 41% and 18% rise from its current levels, respectively. None of the companies surveyed gave SU a “sell” rating. The average price target at $33 implies a 26% gain.