RBC Keeps Suncor Energy's Outperform Rating, C$100 Price Target
27 april, 16:55
10:55 AM EDT, 04/27/2026 (MT Newswires) -- RBC Capital Markets on Friday maintained Suncor Energy's (SU.TO) outperform rating and C$100 price target ahead of the May 6 release of the company's first-quarter results.
RBC estimated Suncor's operating earnings at $2.01 per share, compared to the Street estimate of $1.93. RBC's adjusted funds from operations projection of $3.32 per share was in line with the Street forecast of $3.29 per share.
RBC forecast Suncor's capital spending at $1.22 billion, matching the Street forecast, while RBC's estimated production of 860,000 barrels per day (bbl/d) was below the Street projection of 868,000 bbl/d.
Suncor remains RBC's favorite integrated producer and is part of RBC's Global Energy Best Ideas List.
Suncor traded at $87.84 per share at last look Monday on the Toronto Stock Exchange.
Price: 87.73, Change: +0.17, Percent Change: +0.19
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RBC Keeps Suncor Energy's Outperform Rating, C$100 Price Target
27 april, 16:55
10:55 AM EDT, 04/27/2026 (MT Newswires) -- RBC Capital Markets on Friday maintained Suncor Energy's (SU.TO) outperform rating and C$100 price target ahead of the May 6 release of the company's first-quarter results.
RBC estimated Suncor's operating earnings at $2.01 per share, compared to the Street estimate of $1.93. RBC's adjusted funds from operations projection of $3.32 per share was in line with the Street forecast of $3.29 per share.
RBC forecast Suncor's capital spending at $1.22 billion, matching the Street forecast, while RBC's estimated production of 860,000 barrels per day (bbl/d) was below the Street projection of 868,000 bbl/d.
Suncor remains RBC's favorite integrated producer and is part of RBC's Global Energy Best Ideas List.
Suncor traded at $87.84 per share at last look Monday on the Toronto Stock Exchange.
Price: 87.73, Change: +0.17, Percent Change: +0.19
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