Suncor Energy stock: National Bank cuts target to CAD 145
Published on 10/21/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- National Bank Financial cut its Suncor Energy target from CAD 146.00 to CAD 145.00 on October 20, 2026.
- Suncor Energy is scheduled to release third-quarter 2026 results on November 3, 2026.
- Suncor Energy stock costs EUR 70.32 at Lang & Schwarz on October 21, 2026 at 5:09 p.m. CEST, 2.22 percent above the Tradegate close of October 20, 2026.
Suncor Energy (ISIN CA8672241079) saw National Bank Financial reduce its price target from CAD 146.00 to CAD 145.00 on October 20, 2026, while maintaining an outperform rating, according to MarketBeat. Suncor Energy was trading at EUR 70.32 at Lang & Schwarz on October 21, 2026 at 5:09 p.m. CEST, up 2.22 percent versus the Tradegate close of October 20, 2026 at EUR 68.79.
Results date sets the next marker
Suncor Energy will release its third-quarter 2026 financial results on November 3, 2026, before 6:00 p.m. Alberta time, according to BOE Report. Management is scheduled to review the figures in a webcast on November 4, 2026 at 8:30 a.m. Alberta time, followed by analyst questions.
Second-quarter earnings provide context
The latest reported quarter ended June 30, 2026. Suncor Energy posted revenue of CAD 17.50 billion and earnings per share of CAD 3.23 for that period, according to MarketBeat. The figures give the November report a clear comparison point, especially after the company entered the third quarter with a higher share price than its 12-month low of CAD 53.02.
Valuation stays tied to oil exposure
MarketBeat listed a 12-month high of CAD 112.04 and a market capitalization of CAD 128.50 billion in its October 20, 2026 update. Its reported price-to-earnings ratio was 14.67, placing the analyst target discussion alongside a valuation metric rather than a standalone price call.
What the target cut means
National Bank Financial's move was a reduction of CAD 1.00 from its prior target, but the firm retained its outperform view on October 20, 2026. For investors, the next measurable test is the November 3 reporting date, when production, refining performance and cash generation can be compared with the June quarter.
Stock position after the latest move
The euro quotation stood EUR 1.53 above the dated Tradegate close, a 2.22 percent increase calculated from EUR 68.79. The move keeps the German-market indication below the translated Canadian target discussion, which remains denominated in CAD.
The further course of trading is shown by the continuously updated real-time quote of Suncor Energy stock.
Suncor Energy market facts
- Company: Suncor Energy Inc.
- ISIN: CA8672241079
- Ticker: SU
- Primary exchange: Toronto Stock Exchange and New York Stock Exchange
- Price Lang & Schwarz (as of October 21, 2026, 5:09 p.m. CEST): EUR 70.32
- Change versus Tradegate close: plus 2.22 percent
- Tradegate close (October 20, 2026): EUR 68.79
- Market capitalization: CAD 128.5 billion (as of October 20, 2026)
- 52-week range: CAD 53.02-CAD 112.04 (as of October 20, 2026)
- Sector / Industry: Energy / Oil and Gas Integrated
- Next earnings date: November 3, 2026
Market context: Market report S&P/TSX Composite.
