Suncor Energy Inc. (TSE:SU) (NYSE:SU) insider Steven Walter Williams sold 2,000 shares of Suncor Energy stock in a
transaction on Friday, February 23rd. The stock was sold at an average price of C$43.32, for a total transaction of C$86,640.00.
transaction on Friday, February 23rd. The stock was sold at an average price of C$43.32, for a total transaction of C$86,640.00.
Steven Walter Williams also recently made the following trade(s):
On Tuesday, February 20th, Steven Walter Williams sold 800 shares of Suncor Energy stock. The stock was sold at an average price of C$44.03, for a total transaction of C$35,224.00.
Suncor Energy Inc. (TSE SU) traded up C$0.42 during trading on Friday, reaching C$43.60. 1,656,700 shares of the company’s stock traded hands, compared to its average volume of 3,200,000. The company has a market capitalization of $71,550.00, a P/E ratio of 16.27 and a beta of 0.40. Suncor Energy Inc. has a 1-year low of C$36.09 and a 1-year high of C$47.69.
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 26th. Shareholders of record on Monday, March 5th will be paid a $0.36 dividend. The ex-dividend date is Friday, March 2nd. This is an increase from Suncor Energy’s previous quarterly dividend of $0.32. This represents a $1.44 annualized dividend and a yield of 3.30%. Suncor Energy’s payout ratio is currently 46.64%.
SU has been the subject of a number of research analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and set a C$52.00 price objective on shares of Suncor Energy in a report on Monday, December 11th. Royal Bank of Canada lifted their price objective on shares of Suncor Energy from C$45.00 to C$47.00 and gave the stock an “outperform” rating in a report on Friday, October 27th.
Eight Capital set a C$56.00 price objective on shares of Suncor Energy and gave the stock a “neutral” rating in a report on Thursday, January 11th. TD Securities downgraded shares of Suncor Energy from a “buy” rating to a “hold” rating and set a C$50.00 price objective for the company. in a report on Thursday, November 16th.
Finally, Wells Fargo & Co lifted their price objective on shares of Suncor Energy from C$56.00 to C$59.00 in a report on Thursday, January 11th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of C$51.54.
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