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 highest price target was 37, implying potential capital gains of 14.3 percent. The most pessimistic price target was 28, implying a possible loss of -13.5 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

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. 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. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.

In the last 52-weeks, SUN has achieved a high of 32.48 and a low of 21.01. The current market price is above the trailing year's low by 54.07 percent, and 0.34 percent below the high. SUN has a P/E 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 will post this quarters earnings in days, on 0000-00-00.