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What Are Analysts’ Ratings for Suncor?



Analysts’ ratings for Suncor

In this series, we examined Suncor’s (SU) 4Q16 earnings versus estimates. We analyzed Suncor’s segmental earnings in 4Q16 and its stock performance on February 8, 2017. In this part, we’ll discuss analysts’ ratings for Suncor.

Suncor has been rated by 11 analysts. Nine (or 82%) analysts rated it as a “buy” or “strong buy,” two (or 18%) analysts rated it as a “hold,” and no analysts rated it as a “sell” or “strong sell.”

Suncor could witness a change in ratings in the days to come as analysts drill further down the 4Q16 numbers. Suncor’s average target price of $37 per share implies a 20% gain from the current level.

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Analysts’ ratings for peers

Suncor’s peers Chevron (CVX), ExxonMobil (XOM), and Royal Dutch Shell (RDS.A) have been rated as a “buy” by 70%, 23%, and 92% of analysts, respectively. Other global players like Total (TOT), Petrobras (PBR), and YPF (YPF) have been rated as a “buy” by 43%, 22%, and 77% of analysts, respectively. If you’re looking for exposure to integrated energy stocks, you can consider the Vanguard Energy ETF (VDE). VDE has ~39% exposure to integrated energy sector stocks.

In the next part, we’ll look at the change in implied volatility in Suncor on its earnings day.


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