Sprott Inc. Has $18.44 Million Stake in Suncor Energy Inc. (NYSE:SU)

(NYSE:SU) (TSE:SU) by 11.0% during the second quarter, Holdings Channel reports. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company now has an average rating of "Buy" and a consensus target price of $42.10.

We understand SU seems to be overvalued based on current earnings when we compare it to its industry peers.But seeing as Suncor Energy is thought of as a high growth stock, to properly value it we must also account for its earnings growth by using calculation called PEG ratio. Goldman Sachs Group, Inc. Zacks Investment Research downgraded shares of Suncor Energy from a "hold" rating to a "sell" rating in a report on Wednesday, April 26th.

National Bank Financial issued their FY2017 EPS estimates for Suncor Energy in a report released on Monday. Finally, Simmons lowered their price objective on shares of Suncor Energy from $43.00 to $41.00 and set an "overweight" rating for the company in a report on Wednesday, April 19th. On October 27 the stock rating was upgraded to "Outperform" from " by analysts at Macquarie. (NYSE:SU) is trading at, 29.37 (1.91% today), Suncor Energy Inc. has a dividend yield of 3.29%, and this is covered by a payout ratio of 131.90%. The firm owned 30,393 shares of the oil and gas producer's stock after buying an additional 3,195 shares during the period. The value of the total investment in Suncor Energy Inc. went from $540,000 to $516,000 a change of 4.4% quarter over quarter. The company has market cap of $63.44 billion. The dividend payment was $0.218 per share for the quarter or $0.87 on an annualized basis. As per Thursday, June 23, the company rating was upgraded by Citigroup.

Among 13 analysts covering Suncor Energy Inc. Finally, Marshwinds Advisory Co. raised its position in Suncor Energy by 0.3% in the first quarter. Howe & Rusling Inc. now owns 4,143 shares of the oil and gas producer's stock worth $127,000 after buying an additional 670 shares during the last quarter. Suncor Energy earned a coverage optimism score of 0.32 on Accern's scale. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suncor Energy Inc. and related companies with's FREE daily email newsletter. Dowling & Yahnke LLC now owns 10,326 shares of the oil and gas producer's stock valued at $318,000 after buying an additional 31 shares during the last quarter. Clearbridge Investments LLC raised its stake in Suncor Energy by 7.0% in the first quarter. The senior management bring insider ownership to *TBA, and institutional ownership is at 68.50%.

WARNING: This story was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and global copyright & trademark laws. The original version of this news story can be accessed at

Suncor Energy in the Independent Oil & Gas industry and Basic Materials sector. The Company is focused on developing Canada's petroleum resource basin, Athabasca oil sands. The Firm operates in three business divisions: Oil Sands, Exploration and Production (E&P), and Refining and Marketing.

Like this


13 July 2017
Chartists Placing Health Care Select Sector SPDR (XLV) on Their Radar
Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

13 July 2017
Aru takes Tour lead (4)
The Sardinian ace came third and is now six seconds ahead of ex leader and three-time victor Chris Froome of Britain. Froome tried to respond but didn't have the legs to follow - yet Bardet did. "I didn't have the legs.

13 July 2017
Celebrate National French Fry Day with free fries
Houlihan's - Buy either an order of Parmesan frites or regular fries on the 13th and you'll get endless refills. From curly fries to waffle fries, today is a day that many peopel across the US are excited for.

13 July 2017
Funeral home shut down after maggots, unrefrigerated bodies found on premises
The state says several investigations were conducted at the funeral home and found the building smelled of decomposing bodies. Swanson Funeral Home could potentially face fines up to $10,000 for each violation against them, along with jail time.

13 July 2017
Bank of America Corporation's (BAC) Overweight Rating Reaffirmed at Keefe, Bruyette & Woods
After $1.20 actual EPS reported by QUALCOMM, Inc. for the previous quarter, Wall Street now forecasts -43.33% negative EPS growth. Clearline Capital Lp decreased Supervalu Inc (NYSE:SVU) stake by 1.06 million shares to 3.98M valued at $18.60 million in 2016Q4.

13 July 2017
Skoda launches the new model of Octavia at ₹15.49 lakh
The new Octavia has strong chiseled hood, massive elegant front butterfly grille with a distinctive all LED lighting unit. After Skoda ruling the market with its flagship product Octavia it has launched another model naming it "Facelift".

13 July 2017
Ofcom to Set up New Openreach Monitoring Unit
Now, Openreach will be a legally separate business within BT, and as such will be required to promote the success of the company. Ofcom has given details of how Openreach will be "measured and monitored" when the network division is separated from BT.

13 July 2017
Braun on Outland Trophy Watch List
He had 13 tackles in the upset win over No. 2 Ohio State, including the game-clinching takedown of Buckeye quarterback J.T. He has a chance to become the first Gamecock to lead the team in tackles for four straight seasons.

13 July 2017
Target rallies after boosting Q2 guidance
Target will report its official second quarter 2017 earnings results on Wednesday, August 16 before the market open. Despite Thursday's gains, Target shares are still down 27% so far this year.

13 July 2017
Will pay back distributors if Jagga Jasoos fails: Ranbir Kapoor
Ranbir Kapoor and Katrina Kaif's Jagga Jasoos is releasing tomorrow at the Box Office. 'It's been going on for years. The style of making films where everyone makes money, not just the producers but also distributors and exhibitors.