Analyst Ratings for Sunoco L.P. (SUN)

Updated: 2017-07-29

Sunoco L.P. (NYSE:SUN) was awarded an average rating of Hold from investment analysts following the stock. SUN had previously received a consensus rating of Hold a month ago.

3 analysts declared SUN a buy, 2 gave an overweight rating, 9 issued a hold rating, 1 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for SUN. The maximum price target given was 37, which equates to a potential upside of 14.3 percent. The lowest price target was 28, implying a possible loss of -13.5 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -10.64 percent on average, compared to last month. That number becomes -24.21 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -12.21 percent. If we look at the last 90 days instead, we find a net average change of -24.64 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

SUN has traded between a high of 32.48 and a low of 21.01 over the past year. Currently the stock is 54.07 percent higher than its low, and 0.34 percent below the high. SUN has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The SUN value stock report compares SUN to some of its peers using value stock charts. The stock has a market capitalization of $3.75 billion. SUN will post this quarters earnings in days, on 0000-00-00.