SunCoke Energy (SXC) : 1 brokerage houses believe that SunCoke Energy (SXC) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on SunCoke Energy (SXC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 2 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
SunCoke Energy (SXC) : Average target price received by SunCoke Energy (SXC) is $8.25 with an expected standard deviation of $1.06. The most aggressive target on the stock is $9, whereas the most downbeat target is $8. 2 financial analysts are currently covering the stock.
SunCoke Energy (NYSE:SXC): After opening at $6.42, the stock dipped to an intraday low of $6.41 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $6.88 and the buying power remained strong till the end. The stock closed at $6.84 for the day, a gain of 7.04% for the day session. The total traded volume was 520,890. The stocks close on the previous trading day was $6.39.
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.