Wells Fargo keeps Hold rating for Suncor Energy stock at CAD 93.00

Published on 10/16/2026 at 09:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Suncor Energy stock costs EUR 67.14 on October 16, 2026. Second-quarter revenue reached CAD 17.50 billion and the dividend was CAD 0.60 per share.

Analyst ratings shape valuation

Wells Fargo set a CAD 93.00 target and kept its Hold rating on October 14, 2026.
Second-quarter revenue reached CAD 17.50 billion, according to an October 14, 2026 report.
Suncor Energy stock was trading at EUR 67.14 at 9:11 a.m. CEST at Lang & Schwarz on October 16, 2026.

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Suncor Energy (ISIN CA8672241079) stock carries a Hold rating from Wells Fargo and a CAD 93.00 price target dated October 14, 2026, according to Markets Insider. At Lang & Schwarz, the stock was trading at EUR 67.14 on October 16, 2026 at 9:11 a.m. CEST.

Analyst targets send mixed signals

Wells Fargo's CAD 93.00 target sits below the latest Canadian trading context cited by the source, while the Hold rating adds a cautious counterpoint to the broader analyst picture. The same report also names Jefferies with a Hold rating and an October 6, 2026 report date.

Royal Bank of Canada took the opposite direction on October 13, 2026, raising its Suncor target from CAD 100.00 to CAD 110.00 and keeping an Outperform rating, according to MarketBeat. Raymond James had kept its CAD 118.00 target and Outperform rating on September 16, 2026, according to Investing.com.

What does the earnings base show?

Suncor's latest reported quarter produced CAD 3.23 in earnings per share and CAD 17.50 billion in revenue, according to MarketBeat's October 14, 2026 company summary. The report also cited a CAD 0.60 quarterly dividend, equal to CAD 2.40 on an annualized basis.

Three dated valuation signals

On September 16, 2026, Raymond James kept its CAD 118.00 target and Outperform rating. On October 6, 2026, ATB Cormark raised its target from CAD 108.00 to CAD 110.00 and maintained Outperform, according to MarketBeat. On October 14, 2026, Wells Fargo kept Hold and set CAD 93.00, making the latest analyst view more cautious than the recent target increases.

Price and company profile

Finance data showed Suncor's latest primary-market quote at USD 75.64 on October 15, 2026 at 4:00 p.m. ET, with a USD 37.77 to USD 76.73 52-week range and a market capitalization of USD 89.3 billion. Suncor operates oil sands, offshore production, refining, retail distribution and energy trading businesses.

Stock stays near its yearly high

The latest targets range from CAD 93.00 to CAD 118.00, leaving the analyst picture divided even as recent company figures show CAD 17.50 billion in quarterly revenue. Suncor Energy stock was trading at EUR 67.14 at Lang & Schwarz on October 16, 2026 at 9:11 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Suncor Energy stock.