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.

Several price targets were given for SUN by the analysts covering the stock. The most optimistic price target 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -24.21 percent. Meanwhile, fiscal year estimates have been revised downwards by -12.21 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -24.64 percent.

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 made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

SUN has a 52-week high of 32.48 and a 52-week low of 21.01. The current market price is above the trailing year's low by 54.07 percent, and below the high by 0.34 percent. 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 market cap of SUN is $3.75 billion. SUN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.