Analyst Price Target Update on SunCoke Energy (NYSE:SXC)

SunCoke Energy (NYSE:SXC): The mean short term price target for SunCoke Energy (NYSE:SXC) has been established at $8.08 per share. The higher price target estimate is at $10 and the lower price target estimate is expected at $5 according to 3 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2.5

For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, Darnall Robert J, director of Suncoke Energy, Inc. had purchased 8,200 shares on July 22, 2015 in a transaction. The price per share was $12.26 and the total amount of the disclosed transaction was $100,532.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

SunCoke Energy (NYSE:SXC) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.57 points or 9.03% at $5.74 with 922,565 shares getting traded. Post opening the session at $6.25, the shares hit an intraday low of $5.64 and an intraday high of $6.31 and the price was in this range throughout the day. The company has a market cap of $368 million and the number of outstanding shares have been calculated to be 64,160,088 shares. The 52-week high of SunCoke Energy (NYSE:SXC) is $14.7801 and the 52-week low is $2.05.

SunCoke Energy, Inc. (SunCoke) is an independent producer of coke, a principal raw material in the blast furnace steelmaking process. The Company operates through four segments: Domestic Coke, Brazil Coke, India Coke and Coal Logistics. The Companys Domestic Coke consists of its Indiana Harbor, Haverhill, Granite City and Middletown cokemaking and heat recovery operations located in Vansant, Virginia; East Chicago, Indiana; Franklin Furnace, Ohio; Granite City, Illinois, and Middletown, Ohio, respectively. The Companys Brazil Coke consists of its operations in Vitoria, Brazil, where it operates a cokemaking facility for a Brazilian subsidiary of ArcelorMittal. India Coke consists of its cokemaking joint venture with Visa Steel in Odisha, India. Coal Logistics consists of its coal handling and blending service operations in East Chicago, Indiana; Ceredo, West Virginia; Belle, West Virginia; and Catlettsburg, Kentucky.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *