News stories about Suncor Energy (NYSE:SU) (TSE:SU) have been trending positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Suncor Energy earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned headlines about the oil and gas producer an impact score of 45.8228597046782 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Suncor Energy Inc. (SU) Shares Bought by Pinnacle Associates Ltd. (americanbankingnews.com)
- Suncor Energy Inc. (SU) Declares Quarterly Dividend of $0.29 (americanbankingnews.com)
- Suncor Energy (SU) Earns “Buy” Rating from Piper Jaffray Companies (americanbankingnews.com)
- First Republic Investment Management Inc. Has $10.24 Million Stake in Suncor Energy Inc. (SU) (americanbankingnews.com)
- NGL Energy Partners (NGL) and Suncor Energy (SU) Critical Contrast (americanbankingnews.com)
Several brokerages have weighed in on SU. Piper Jaffray Companies set a $46.00 price objective on Suncor Energy and gave the company a “buy” rating in a research note on Friday, February 9th. TD Securities cut Suncor Energy from a “buy” rating to a “hold” rating and set a $50.00 price objective on the stock. in a research note on Thursday, November 16th. Zacks Investment Research cut Suncor Energy from a “buy” rating to a “hold” rating in a research note on Monday, November 20th. Edward Jones upgraded Suncor Energy from a “hold” rating to a “buy” rating in a research note on Monday, November 20th. Finally, JPMorgan Chase & Co. upgraded Suncor Energy from a “neutral” rating to an “overweight” rating in a research note on Friday, February 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $46.44.
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 26th. Stockholders of record on Monday, March 5th will be paid a dividend of $0.286 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.32%. This is a boost from Suncor Energy’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, March 2nd. Suncor Energy’s payout ratio is presently 47.64%.
TRADEMARK VIOLATION NOTICE: “Suncor Energy (SU) Earning Positive News Coverage, Study Shows” was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright legislation. The correct version of this report can be viewed at https://www.tickerreport.com/banking-finance/3222065/suncor-energy-su-earning-positive-news-coverage-study-shows.html.
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.
Receive News & Ratings for Suncor Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suncor Energy and related companies with MarketBeat.com's FREE daily email newsletter.