RBC raises target for Suncor Energy stock to CAD 110.00

Published on 10/14/2026 at 15:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached CAD 17.50 billion. Suncor Energy stock costs EUR 67.75 on October 14, 2026 between EUR 67.51 and EUR 67.99.

RBC target and valuation

Royal Bank of Canada lifted its Suncor Energy target to CAD 110.00 from CAD 100.00 on October 13, 2026.
Second-quarter revenue reached CAD 17.50 billion, while earnings per share came to CAD 3.23.
Suncor Energy stock costs EUR 67.75 at Lang & Schwarz on October 14, 2026 at 3:03 p.m. CEST.
The company has a price-to-earnings ratio of 14.22 and market capitalization of CAD 126.1 billion as of October 13, 2026.

SU, CA8672241079, Illustration mit AI erstellt.

Suncor Energy (ISIN CA8672241079) is trading at EUR 67.75 at Lang & Schwarz on October 14, 2026 at 3:03 p.m. CEST. On October 13, 2026, Royal Bank of Canada raised its target from CAD 100.00 to CAD 110.00 and kept an Outperform rating, according to MarketBeat. The new target lies 2.98 percent above the TSX price of CAD 106.82 on October 13, 2026.

Revenue reaches CAD 17.50 billion

Suncor reported CAD 17.50 billion in revenue and CAD 3.23 in earnings per share for the second quarter of 2026, according to MarketBeat. The same report put the company close to its 52-week high, making the latest target increase a valuation signal rather than a recovery from a depressed level.

Stock sits near its yearly high

The TSX quote was CAD 106.82 on October 13, 2026 at 4:00 p.m. EDT, against a 52-week range of CAD 53.02 to CAD 107.43. That places the share price 0.57 percent below the upper end of the range, while the session volume was 4,492,600 shares versus an average of 5,358,495.

The euro quote was EUR 67.75 at Lang & Schwarz on October 14, 2026 at 3:03 p.m. CEST, with a bid of EUR 67.51 and an ask of EUR 67.99. The quotation is an intraday German-market price and is presented separately from the Canadian listing.

Valuation and peer comparison

Suncor's price-to-earnings ratio was 14.22 and its market capitalization was CAD 126.1 billion as of October 13, 2026. The trailing dividend yield was 0.02 percent. These figures give the CAD 110.00 target a specific valuation context, while the target itself remains below the CAD 118.00 level cited for Raymond James in a report published October 5, 2026 by Investing.com.

Comparison with peers

Suncor Energy (TSX, CAD): price-to-earnings ratio 14.22, market capitalization CAD 126.1 billion.
Canadian Natural Resources (TSX, CAD): plus 4.79 percent, price-to-earnings ratio 13.20, market capitalization CAD 154.7 billion.
Imperial Oil (TSX, CAD): plus 4.55 percent, price-to-earnings ratio 20.53, market capitalization CAD 88.9 billion.

Trading levels remain decisive

The combination of a CAD 110.00 RBC target, a CAD 107.43 52-week high and CAD 126.1 billion market capitalization puts valuation and operating delivery alongside the current price. The further course of trading is shown by the continuously updated real-time quote of Suncor Energy stock.