Frequent question: Is Suncor Energy a Good Investment?

SU is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of B. Momentum investors should take note of this Oils-Energy stock. SU has a Momentum Style Score of B, and shares are up 7% over the past four weeks. One analysts revised their earnings estimate upwards in the last 60 days for fiscal 2021.

Is Suncor stock a good buy now?

Suncor stock appears attractive right now if you have a three-year outlook, but investors looking to buy the shares might want to wait for a better entry point.

Will Suncor Energy go up?

The 19 analysts offering 12-month price forecasts for Suncor Energy Inc have a median target of 28.92, with a high estimate of 38.56 and a low estimate of 20.89. The median estimate represents a +50.87% increase from the last price of 19.17.

Will Suncor recover?

So you may be wondering why the stock has been so slow to recover. What’s important to understand about Suncor is that while it’s a safer energy stock to invest in because it’s a lower volatility investment, it won’t offer as much recovery potential.

Is Suncor Energy a buy or sell?

Suncor Energy has received a consensus rating of Buy. The company’s average rating score is 2.92, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.

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Is CNQ stock a buy?

In the last year, 14 stock analysts published opinions about CNQ-T. 11 analysts recommended to BUY the stock. … The latest stock analyst recommendation is TOP PICK.

Is SU a buy or sell?

(SU) – Zacks.

(Delayed Data from NYSE)

Zacks Rank Definition Annualized Return
1 Strong Buy 25.60%
2 Buy 19.21%
3 Hold 10.85%
4 Sell 6.62%

Where will NIO stock be in 5 years?

NIO Stock Forecast In 5 Years

Estimates are in a wide range, however, as analyst estimates range from $7.3 billion to $11.9 billion in revenue in 2022. In other words, the most bullish estimates see NIO deliver 60% higher revenues than the most bearish estimates.

Is Suncor undervalued?

Momentum stock

CEO Mark Little reiterates that Suncor Energy’s financial health and resiliency remain the key focus for the rest of 2021. … Market analysts are bullish because Suncor Energy is not only undervalued but a momentum stock. They see a return potential of not less than 46.5% in the next 12 months.

Will energy stocks recover?

Energy stocks roar toward their best year in three decades amid recovery in oil. It’s six months into 2021, and energy stocks are already on pace for their best year in more than three decades, leading some to believe the run may be due for a pullback.

Does Suncor pay a dividend?

A: Yes. Suncor pays a quarterly dividend to common shareholders. The declaration of dividends is at the sole discretion of the Board of Directors.

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