SunCoke Energy Receives a Buy from B.Riley FBR

B.Riley FBR analyst Lucas Pipes maintained a Buy rating on SunCoke Energy (NYSE: SXCP) today and set a price target of $21. The company’s shares opened today at $15.80.

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 has an analyst consensus of Moderate Buy, with a price target consensus of $21.

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The company has a one-year high of $21.95 and a one-year low of $14.55. Currently, SunCoke Energy has an average volume of 198.3K.

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SunCoke Energy Partners LP manufactures coke used in the blast furnace production of steel. The company operates its business through two segments: Domestic Coke and Coal Logistics. The Domestic Coke segment consists of its Haverhill and Middletown coke making and heat recovery operations located in Franklin Furnace, Ohio and Middletown, Ohio, respectively.