Sunoco (SUN) Receives a Buy from RBC Capital

In a report released on December 10, Elvira Scotto from RBC Capital maintained a Buy rating on Sunoco, with a price target of $64.00. The company’s shares closed yesterday at $53.85.

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Scotto covers the Energy sector, focusing on stocks such as Williams Co, Kinder Morgan, and Targa Resources. According to TipRanks, Scotto has an average return of 12.1% and a 66.39% success rate on recommended stocks.

Sunoco has an analyst consensus of Strong Buy, with a price target consensus of $63.60, which is a 18.11% upside from current levels. In a report released on December 9, Barclays also maintained a Buy rating on the stock with a $57.00 price target.

Based on Sunoco’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.03 billion and a net profit of $88 million. In comparison, last year the company earned a revenue of $5.75 billion and had a GAAP net loss of $35 million