Suncor Energy Kept at Outperform With a $65.00 Price Target at RBC Capital Markets

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Suncor Energy Kept at Outperform With a $65.00 Price Target at RBC Capital Markets

, MT Newswires - 11:28 AM ET 4/4/2025 default

11:28 AM EDT, 04/04/2025 (MT Newswires) -- RBC Capital Markets on Friday maintained its outperform rating on the shares of Suncor Energy ( SU ) and its $65.00 price target.

RBC said its recent institutional investor session with Suncor executives "was energetic and insightful" as they discussed operational improvements, profitability and organizational refocus.

"Our bullish stance towards Suncor reflects its impressive execution, physical upstream-downstream integration, free cash flow generation, solid balance sheet and handsome shareholder returns," RBC said.

RBC said Suncor remains its favorite integrated in Canada and is part of its Global Energy Best Ideas list.

Price: 47.52, Change: -4.31, Percent Change: -8.32

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