Sunoco LP (SUN)
NYSE: SUN · IEX Real-Time Price · USD
56.54
-0.43 (-0.75%)
At close: Jun 28, 2024, 4:00 PM
56.91
+0.37 (0.65%)
After-hours: Jun 28, 2024, 7:53 PM EDT
Sunoco LP Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Sunoco LP stock have an average target of 62, with a low estimate of 59 and a high estimate of 65. The average target predicts an increase of 9.66% from the current stock price of 56.54.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Sunoco LP stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 3 | 4 | 4 | 4 | 4 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $65 | Hold → Strong Buy | Upgrades | $65 | +14.96% | Jun 18, 2024 |
| Barclays | Barclays | Buy Initiates $61 | Buy | Initiates | $61 | +7.89% | Jun 10, 2024 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $62 | Hold → Strong Buy | Upgrades | $62 | +9.66% | Jun 7, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Initiates $60 → $61 | Hold → Buy | Initiates | $60 → $61 | +7.89% | Jun 5, 2024 |
| Mizuho | Mizuho | Hold → Strong Buy Upgrades $60 → $59 | Hold → Strong Buy | Upgrades | $60 → $59 | +4.35% | Jun 4, 2024 |
Financial Forecast
Revenue This Year
19.60B
from 23.07B
Decreased by -15.02%
Revenue Next Year
23.26B
from 19.60B
Increased by 18.63%
EPS This Year
6.68
from 3.65
Increased by 83.14%
EPS Next Year
6.75
from 6.68
Increased by 0.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.9B | 25.3B | 24.8B |
| Avg | 19.6B | 23.3B | 23.0B |
| Low | 5.4B | 21.4B | 21.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.9% | 29.2% | 6.6% |
| Avg | -15.0% | 18.6% | -1.2% |
| Low | -76.6% | 9.1% | -7.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.52 | 9.28 | 8.30 |
| Avg | 6.68 | 6.75 | 6.90 |
| Low | 5.68 | 4.95 | 5.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 133.3% | 38.9% | 22.9% |
| Avg | 83.1% | 1.0% | 2.2% |
| Low | 55.5% | -26.0% | -18.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.