B.Riley FBR analyst Robert Balsamo reiterated a Hold rating on Sunoco LP (NYSE: SUN) yesterday and set a price target of $32. The company’s shares closed yesterday at $26.20.
According to TipRanks.com, Balsamo has 0 stars on 0-5 star ranking scale with an average return of -7.0% and a 46.6% success rate. Balsamo covers the Basic Materials sector, focusing on stocks such as EnLink Midstream Partners, EnLink Midstream LLC, and NuStar GP Holdings.
Sunoco LP has an analyst consensus of Moderate Sell, with a price target consensus of $25.
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The company has a one-year high of $33.11 and a one-year low of $24.76. Currently, Sunoco LP has an average volume of 391.4K.
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Sunoco LP engages in the management and distribution of fuel products. It operates through the Wholesale and Retail segments. The Wholesale segment purchases fuel from a number of refiners and supplies it to its retail, affiliates, independently-operated dealer stations and to other end users of motor fuel.
