RBC keeps Buy rating for Suncor Energy stock at CAD 110.00
Published on 10/14/2026 at 13:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital returns and analyst view
- RBC Capital maintained a Buy rating and set a CAD 110.00 target on October 13, 2026.
- Suncor had agreed to a CAD 1.2 billion asset sale and raised monthly repurchases to CAD 750 million on October 4, 2026.
- Suncor Energy stock traded at EUR 67.70 at 1:42 p.m. CEST at Lang & Schwarz on October 14, 2026.
- Market capitalization stood at USD 88.8 billion as of October 13, 2026.
Suncor Energy (ISIN CA8672241079) traded at EUR 67.70 at Lang & Schwarz on October 14, 2026, at 1:42 p.m. CEST. RBC Capital maintained a Buy rating and set a CAD 110.00 price target on October 13, 2026, according to Markets Insider.
Three dated portfolio signals
On June 30, 2026, Suncor reported second-quarter revenue of CAD 19.01 billion and net profit of CAD 3.73 billion, according to Markets Insider. The same source said revenue was CAD 12.75 billion and net profit was CAD 1.13 billion in the comparable prior-year period.
On October 4, 2026, Suncor had agreed to sell its interests in Terra Nova, White Rose and West White Rose for CAD 1.2 billion upfront, plus up to CAD 350 million in contingent payments, Reuters reported on October 5, 2026. The transaction also transfers estimated CAD 1.4 billion of abandonment and lease liabilities to Ithaca Energy, while Suncor retains its Hebron and Hibernia interests.
On October 13, 2026, RBC Capital's CAD 110.00 target stood alongside a Buy rating, while Jefferies maintained Hold on October 6, 2026, according to Markets Insider. The split in ratings gives the capital-return plan a more useful test than a single bullish target.
What does the asset sale change?
The October 4 transaction narrows Suncor's offshore exposure and shifts attention toward its integrated oil sands, refining and marketing operations. Reuters said the sale also included an increase in monthly share repurchases from CAD 500 million to CAD 750 million beginning in October 2026.
The cash proceeds and liability transfer matter because the deal is expected to close in early 2027, subject to regulatory approvals and partner consents, according to Reuters. For investors, the key question is whether higher buybacks can offset the reduced offshore production footprint.
Results date sets the next test
Suncor is scheduled to report its next earnings on November 3, 2026, according to Gekko. That report will provide the next reported comparison for production, refining performance and the effect of the enlarged repurchase program.
Stock price and investor reference
Suncor Energy stock was trading at EUR 67.70 at Lang & Schwarz on October 14, 2026, at 1:42 p.m. CEST. The quote stood between a EUR 67.40 bid and a EUR 67.99 ask, while the primary-market quote was USD 75.20 at the October 13, 2026 close and the 52-week range was USD 37.77 to USD 75.55.
The further course of trading is shown by the continuously updated real-time quote of Suncor Energy stock.
Suncor Energy stock facts
- Company: Suncor Energy Inc.
- ISIN: CA8672241079
- Ticker: SU
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 1:42 p.m. CEST): EUR 67.70
- Market capitalization: USD 88.8 billion (as of October 13, 2026)
- 52-week range: USD 37.77-75.55 (as of October 13, 2026)
- Sector / Industry: Energy / Oil and Gas Integrated
- Next earnings date: November 3, 2026
Market context: Market report S&P/TSX Composite.
