Somewhat Positive Media Coverage Somewhat Unlikely to Impact Sunoco (SUN) Stock Price

News articles about Sunoco (NYSE:SUN) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sunoco earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 46.4231134698218 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 14th. Investors of record on Tuesday, November 7th will be issued a $0.8255 dividend. The ex-dividend date of this dividend is Monday, November 6th. This represents a $3.30 annualized dividend and a yield of 10.73%. Sunoco’s dividend payout ratio (DPR) is currently -37.37%.

A number of equities research analysts recently issued reports on the stock. Jefferies Group LLC reaffirmed a “hold” rating and set a $30.00 price target (up previously from $29.00) on shares of Sunoco in a research note on Monday, September 11th. UBS AG reaffirmed a “neutral” rating and set a $30.00 price target (up previously from $28.00) on shares of Sunoco in a research note on Monday, August 14th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $35.00 price target on shares of Sunoco in a research note on Tuesday, October 10th. BidaskClub cut shares of Sunoco from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Finally, Mizuho reiterated a “sell” rating and set a $29.00 price objective on shares of Sunoco in a research report on Friday, October 20th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $31.33.

COPYRIGHT VIOLATION NOTICE: “Somewhat Positive Media Coverage Somewhat Unlikely to Impact Sunoco (SUN) Stock Price” was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this report on another site, it was illegally stolen and reposted in violation of international trademark & copyright law. The legal version of this report can be read at https://sportsperspectives.com/2017/11/03/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-sunoco-sun-stock-price.html.

Sunoco Company Profile

Sunoco LP is engaged in the retail sale of motor fuels and merchandise through its Company-operated convenience stores and retail fuel sites, as well as the wholesale distribution of motor fuels to convenience stores, independent dealers, commercial customers and distributors. The Company operates through two segments: wholesale and retail.

Insider Buying and Selling by Quarter for Sunoco (NYSE:SUN)

Receive News & Ratings for Sunoco LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunoco LP and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply