Suncor Energy Upgraded To 4 Stars By Vetr

Suncor Energy Inc. SU shares are trading up just over 7.5 percent over the past three months entering Tuesday’s open, and the Vetr community has upgraded the company from 3 to 4 stars. Suncor Energy announced in early August an acquisition of interest in North Sea Rosebank for $50 million initial payment..

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Vetr members have given Suncor Energy a Buy rating and a $31.22 price target. This price target is lower than the $39.09 price target from Wall Street analysts. The company opened Tuesday around $28.30.

Of all Vetr raters, 60 percent believe traders and investors should purchase Suncor Energy stock.

For Vetr’s full analysis of Suncor Energy, go here.