Suncoke Energy Inc Receives a Buy from B.Riley FBR

In a report released today, Lucas Pipes from B.Riley FBR maintained a Buy rating on Suncoke Energy Inc (NYSE: SXC), with a price target of $14. The company’s shares opened today at $11.48.

According to TipRanks.com, Pipes is a 4-star analyst with an average return of 5.6% and a 59.2% success rate. Pipes covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corporation Comm, Newmont Mining Corporation, and CONSOL Coal Resources LP.

Suncoke Energy Inc has an analyst consensus of Moderate Buy, with a price target consensus of $13.50.

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Suncoke Energy Inc’s market cap is currently $744.2M and has a P/E ratio of 5.82. The company has a book value ratio of 1.7123.

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SunCoke Energy, Inc. engages in the production of coke through heating metallurgical coal in a refractory oven. It operates through the following segments: Domestic Coke, Brazil Coke and Logistics.