Analyst Price Target is $44.71
▲ +9.03% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Sunoco in the last 3 months. The average price target is $44.71, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 9.03% upside from the last price of $41.01.
Current Consensus is
Hold
The current consensus among 7 polled investment analysts is to hold stock in Sunoco. This rating has held steady since April 2021, when it changed from a Buy consensus rating.
Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates in two segments, Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel from independent refiners and oil companies and supplies it to independently operated dealer stations, distributors and other consumer of motor fuel, and partnership operated stations, as well as to commission agent locations. The All Other segment operates retail stores that offer motor fuel, merchandise, foodservice, and other services that include credit card processing, car washes, lottery, automated teller machines, money orders, prepaid phone cards, and wireless services. It also leases and subleases real estate properties; and operates terminal facilities on the Hawaiian Islands. As of December 31, 2021, the company operated 78 retail stores in Hawaii and New Jersey. Sunoco GP LLC serves as the general partner of the company. The company was formerly known as Susser Petroleum Partners LP and changed its name to Sunoco LP in October 2014. Sunoco LP was founded in 1886 and is headquartered in Dallas, Texas.
Read More