| Why Suncor (SU) Could Be Positioned for a Surge? - Tale of the Tape | |
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Suncor Energy Inc. (SU) is a Canadian Oil and Integrated Energy company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
Current Year Estimates for SU
Meanwhile, Suncor’s current year figures are also looking quite promising, with 2 estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $24 per share 30 days ago to $33 per share today, an increase of 37.5%.
Bottom Line
The stock has also started to move higher lately, adding 15.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SUNCOR ENERGY (SU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Suncor Energy is a and oil producing company based in Canada. Suncor Energy holds various exploration projects in Canada. Its main exploration property is SUNCOR OPERATIONS & BASE MINE in Canada. |