Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Sunoco (SUN) Share Price

News articles about Sunoco (NYSE:SUN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sunoco earned a news impact score of 0.15 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 46.1474077374503 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Sunoco (SUN) opened at 31.64 on Friday. The firm’s 50-day moving average price is $31.32 and its 200-day moving average price is $29.39. The firm’s market capitalization is $3.15 billion. Sunoco has a one year low of $21.01 and a one year high of $32.67.

A number of brokerages have recently commented on SUN. UBS AG reiterated a “neutral” rating and issued a $30.00 price target (up from $28.00) on shares of Sunoco in a research note on Monday, August 14th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $32.00 target price on shares of Sunoco in a research report on Tuesday, June 20th. Mizuho lowered Sunoco from a “neutral” rating to an “underperform” rating and set a $28.00 target price for the company. in a research report on Monday, July 10th. BidaskClub raised Sunoco from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st. Finally, Deutsche Bank AG raised Sunoco from a “hold” rating to a “buy” rating and raised their target price for the stock from $31.00 to $36.00 in a research report on Thursday, July 13th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. Sunoco presently has an average rating of “Hold” and an average price target of $31.25.

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About Sunoco

Sunoco LP is engaged in the retail sale of motor fuels and merchandise through its Company-operated convenience stores and retail fuel sites, as well as the wholesale distribution of motor fuels to convenience stores, independent dealers, commercial customers and distributors. The Company operates through two segments: wholesale and retail.

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