Suncor Energy Inc. (SU) Director Dominic D’alessandro Acquires 30,000 Shares

Suncor Energy Inc. (TSE:SU) (NYSE:SU) Director Dominic D’alessandro bought 30,000 shares of the firm’s stock in a transaction dated Wednesday, February 14th. The shares were acquired at an average price of C$42.20 per share, for a total transaction of C$1,266,000.00.

Suncor Energy Inc. (SU) opened at C$43.36 on Friday. Suncor Energy Inc. has a 12 month low of C$36.09 and a 12 month high of C$47.69. The firm has a market cap of $71,160.00, a PE ratio of 16.18 and a beta of 0.40.

The business also recently announced a quarterly dividend, which will be paid on Monday, March 26th. Shareholders of record on Monday, March 5th will be paid a $0.36 dividend. The ex-dividend date is Friday, March 2nd. This is an increase from Suncor Energy’s previous quarterly dividend of $0.32. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.32%. Suncor Energy’s payout ratio is currently 46.64%.

Several equities analysts recently issued reports on the stock. Eight Capital set a C$56.00 price target on shares of Suncor Energy and gave the company a “neutral” rating in a report on Thursday, January 11th. Wells Fargo & Co lifted their price target on shares of Suncor Energy from C$56.00 to C$59.00 in a report on Thursday, January 11th. National Bank Financial lifted their price target on shares of Suncor Energy from C$49.00 to C$56.00 and gave the company an “outperform” rating in a report on Tuesday, January 9th. TD Securities downgraded shares of Suncor Energy from a “buy” rating to a “hold” rating and set a C$50.00 price target for the company. in a report on Thursday, November 16th. Finally, CIBC lifted their price target on shares of Suncor Energy from C$53.00 to C$55.00 in a report on Thursday, November 16th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Suncor Energy currently has an average rating of “Buy” and an average target price of C$51.54.

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About Suncor Energy

Suncor Energy Inc is a Canada-based integrated energy company. The Company is focused on developing Canada’s petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company’s Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations.

Insider Buying and Selling by Quarter for Suncor Energy (TSE:SU)

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