News articles about Sunoco (NYSE:SUN) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news 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 -1 to 1, with scores closest to one being the most favorable. Sunoco earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 44.0727404354482 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
Shares of NYSE:SUN opened at $28.13 on Tuesday. The firm has a market cap of $2,716.70, a price-to-earnings ratio of 12.28 and a beta of 0.63. Sunoco has a 1-year low of $24.76 and a 1-year high of $33.11. The company has a debt-to-equity ratio of 2.20, a quick ratio of 3.39 and a current ratio of 3.74.
Several analysts recently issued reports on the stock. Zacks Investment Research cut shares of Sunoco from a “hold” rating to a “sell” rating in a report on Wednesday, March 28th. Goldman Sachs raised shares of Sunoco from a “sell” rating to a “neutral” rating and set a $33.00 price target on the stock in a report on Monday, December 18th. TheStreet raised shares of Sunoco from a “c-” rating to a “b-” rating in a report on Thursday, February 22nd. Jefferies Group reaffirmed a “neutral” rating on shares of Sunoco in a report on Wednesday, December 20th. Finally, JPMorgan Chase raised shares of Sunoco from a “neutral” rating to an “overweight” rating and set a $29.20 price target on the stock in a report on Tuesday, January 9th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $31.45.
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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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