Short Term Rating on Sunoco Logistics Partners LP (SXL)

Sunoco Logistics Partners LP (SXL) : The consensus on Sunoco Logistics Partners LP (SXL) based on 11 analyst recommendation on the company stock is 1.91, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Sunoco Logistics Partners LP (SXL) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $38 and the lowest price target forecast is $21. The average forecast of all the analysts is $31.11 and the expected standard deviation is $4.68.

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


Sunoco Logistics Partners LP (NYSE:SXL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.53 and $28.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.01. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.70, notching a gain of 2.32% for the day. The total traded volume was 1,113,844 . The stock had closed at $28.05 on the previous day.

Sunoco Logistics Partners L.P. owns and operates a logistics business. The Company is engaged in the transport, terminalling and storage of crude oil, refined products and natural gas liquids (NGLs). In addition to logistics services, it also owns acquisition and marketing assets, which are used to facilitate the purchase and sale of crude oil, refined products and NGLs. The Company operates through four segments: Crude Oil Pipelines, transport crude oil in the southwest and midwest United States; Crude Oil Acquisition and Marketing, gathers, purchases, markets and sells crude oil in the mid-continent United States; Terminal Facilities, consist of crude oil, refined products and NGL terminals, and Products Pipelines, consist of crude oil, refined products and NGL terminals.

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