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.
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