Travis Woods latest target price for SU is $39 (US$30.60)Now that I have gotten the covid/vaccine thing off my chest, it is time to re-focus on Suncor, which is the purpose of this website.
Travis Woods is the oil and gas analyst for National Bank. He is by far the most prolific analyst when it comes to updating target prices.
Yesterday, Woods updated his 12 month target to $39. He actually set his target in US dollars, which equates to Cdn$39 at the current exchange rate.
I don't know how to copy and paste the chart from Tip Ranks so here is the link to Wood's track record for SU target prices:
https://www.tipranks.com/analysts/travis-wood
You may have to click on SU to see the chart. The fact that Wood's recommendation is once again HOLD despite the 50% upside to his target price is due to the fact that National Bank is not acting in a financial capacity for Suncor