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Suncor Energy Inc. (TSE:SU) target price raised to $42.00, issued a report today by RBC Capital Markets

Yesterday Suncor Energy Inc. (TSE:SU) traded 1.04% higher at $36.74. The company’s 50-day moving average is $35.54 and its 200-day moving average is $35.52. The last stock close price is up 3.56% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,303,598 shares of the stock were exchanged, down from an average trading volume of 2,703,880

Suncor Energy Inc. (TSE:SU) had its target price raised to $42.00 by RBC Capital Markets in a report released 9/30/2016. The new target price indicates a possible upside of 0.14% based on the company's last stock close price.

Previously on 9/12/2016, Suncor Energy Inc reported about Suncor Energy Inc. (TSE:SU) raised the target price from $39.00 to $40.00. At the time, this indicated a possible upside of 0.15%.

See Chart Below

Suncor Energy Inc. (TSE:SU)

Suncor Energy Inc. has a 52 week low of $27.32 and a 52 week high of $40.35 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 21 firms have issued a report on the stock. The consensus target price is $31.56 with 1 firm rating the stock a strong buy, 15 firms rating the stock a buy, 6 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Suncor Energy Inc. (TSE:SU)

Suncor Energy Inc. (Suncor) is an integrated energy company. The Company is focused on developing Canada's petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company's Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations. Its E&P segment consists of offshore operations off the east coast of Canada and in the North Sea, and onshore assets in North America, Libya and Syria. The Company's Refining and Marketing segment is engaged in Refining and Supply, and Marketing operations. In addition, it explores for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally. It transports and refines crude oil, and markets petroleum and petrochemical products primarily in Canada. It markets third-party petroleum products. Suncor also conducts energy trading activities.

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