Media headlines about Sunoco (NYSE:SUN) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sunoco earned a news impact score of 0.10 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 44.2023321187438 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
Shares of SUN stock opened at $26.43 on Friday. The company has a current ratio of 3.74, a quick ratio of 3.39 and a debt-to-equity ratio of 2.20. The firm has a market capitalization of $2,568.35, a P/E ratio of 11.54 and a beta of 0.63. Sunoco has a one year low of $24.76 and a one year high of $33.11.
SUN has been the topic of several recent research reports. B. Riley set a $32.00 price objective on Sunoco and gave the stock a “neutral” rating in a report on Monday, December 18th. Goldman Sachs lowered Sunoco from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $33.00 to $28.00 in a report on Wednesday, March 14th. Mitsubishi UFJ Financial Group raised Sunoco from an “underweight” rating to a “neutral” rating in a report on Wednesday, February 28th. Citigroup decreased their price objective on Sunoco from $31.00 to $26.00 and set a “neutral” rating on the stock in a report on Tuesday, March 27th. Finally, Barclays decreased their price objective on Sunoco from $37.00 to $34.00 and set an “overweight” rating on the stock in a report on Wednesday. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. Sunoco has a consensus rating of “Hold” and a consensus price target of $31.10.
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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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