Impact of Brokerage Rating on Sunoco LP(SUN)

Many Sunoco LP(SUN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Sunoco LP was Upgraded by FBR & Co. on Dec 22, 2016 to Outperform, Price Target of the shares are set at $32.Sunoco LP was Upgraded by Credit Suisse to Outperform on Dec 21, 2016. Sunoco LP was Downgraded by BofA/Merrill to Neutral on Dec 19, 2016. Sunoco LP was Downgraded by Citigroup to Sell on Nov 21, 2016.

Company has reported several Insider transactions to the SEC, on Sep 11, 2015, Leta Mckinley (VP & Controller) purchased 780 shares at 36.46 per share price.On Aug 19, 2015, K Rick Turner (director) purchased 3,000 shares at 40.08 per share price.

Sunoco LP Last issued its quarterly earnings results on Nov 9, 2016. The company reported $0.24 EPS for the quarter, missing the analyst consensus estimate by $ -0.16. Analyst had a consensus of $0.40. The company had revenue of $4137.31 million for the quarter, compared to analysts expectations of $4245.87 million. The companys revenue was down -15.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.

Sunoco LP (NYSE:SUN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.29 by 14 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 7 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

Sunoco LP (NYSE:SUN): The mean short term price target for Sunoco LP (NYSE:SUN) has been established at $32.54 per share. The higher price target estimate is at $51 and the lower price target estimate is expected at $20 according to 13 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $7.38

Sunoco LP (NYSE:SUN) rose 1.82% or 0.51 points on Tuesday and made its way into the gainers of the day. After trading began at $28.06 the stock was seen hitting $28.8 as a peak level and $27.36 as the lowest level. The stock ended up at $28.57. The daily volume was measured at 1,197,249 shares. The 52-week high of the share price is $37.2499 and the 52-week low is $21.01. The company has a market cap of $3,199 million.

Sunoco LP operates as a wholesale fuel distributor. It engages in distributing motor fuel to convenience stores, independent dealers, commercial customers and distributors. The Company also operates convenience stores and retail fuel sites. Sunoco LP, formerly known as Susser Petroleum Partners LP, is based in Houston, Texas.

Sunoco

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