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SunocoCorp LLC (SUNC) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Thu Jun 25, 8:36PM CDT

In a report released on June 23, Theresa Chen from Barclays maintained a Buy rating on SunocoCorp LLC, with a price target of $75.00. The company’s shares closed yesterday at $65.28.

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Chen covers the Energy sector, focusing on stocks such as Enterprise Products Partners, Kinder Morgan, and Pembina Pipeline. According to TipRanks, Chen has an average return of 18.6% and a 75.05% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SunocoCorp LLC with a $76.00 average price target.

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Based on SunocoCorp LLC’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $10.69 billion and a net profit of $110 million. In comparison, last year the company earned a revenue of $5.18 billion and had a net profit of $207 million

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