In a report released yesterday, Phil Gresh from J.P. Morgan maintained a Hold rating on Suncor Energy (SU – Research Report), with a price target of C$55.00. The company's shares closed last Tuesday at $38.35, close to its 52-week high of $38.85. According to TipRanks.com, Gresh is a 5-star analyst with an average return of 11.7% and a 69.4% success rate. Gresh covers the Utilities sector, focusing on stocks such as HF Sinclair Corporation, Par Pacific Holdings, and Occidental Petroleum. Currently, the analyst consensus on Suncor Energy is a Moderate Buy with an average price target of $40.77, representing a 7.7% upside.
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Suncor Energy (NYSE:SU)
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