Suncor Energy Inc T.SU

Fishermen's price predictions

[Marner16]

Fishermen has set a target price for SU of $18.76 and he keeps telling us that SU will never break through $29. 

The street 12 month target price concesus is $33.59 which means your target is 45% below the street concensus.

I would be interested is seeing how you constructed you model.  What assumptions did you use?  I always spoke regularly with the CFO of every company that I followed when I worked as an analyst to make sure that my assumptions were reasonable so that I wouldn't look like a complete idiot. 

What did Alister have to say about your $18.76 price target and how you arrived at it?

[Plus50]

I think it is safe to say all oil stocks will keep rising with rising oil prices even SU in spite of itself. It is a laggard in this space and will continue that way. I own a lot for me and will not sell because i wouild hate to miss it rising in case for some reason it picks up. Since i bought it when it dropped to $15 i have sold some and will keep some. I moved into CVE. CNQ and IMO have had

[Fishermen]

I have been holding SU since 2020Mar. I see it doubled and havled, doubled and almost havled. You can never predict the market.