SunCoke Energy Partners LP (NASDAQ:SXCP) had its price target increased by Barclays from $25.00 to $30.00 in a research report sent to investors on Wednesday morning, Stock Ratings Network reports. The firm currently has an equal weight rating on the stock.
Barclays has also taken action a number of other stocks recently. The firm downgraded shares of Boardwalk Pipeline Partners from an equal weight rating to an underweight rating. Their analysts now have a $27.00 price target on that stock, down previously from $32.00. Also, Barclays raised its price target on shares of Aercap Holdings N.V. from $21.00 to $24.00. They have an equal weight rating on that stock. Finally, Barclays raised its price target on shares of Seagate from $45.00 to $50.00. They have an equal weight rating on that stock.
Separately, analysts at Zacks downgraded shares of SunCoke Energy Partners LP from an outperform rating to a neutral rating in a research note to investors on Thursday, September 26th. They now have a $26.90 price target on the stock. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. SunCoke Energy Partners LP currently has an average rating of Buy and a consensus price target of $25.18.
Shares of SunCoke Energy Partners LP (NASDAQ:SXCP) traded down 1.84% during mid-day trading on Wednesday, hitting $25.60. The stock had a trading volume of 23,778 shares. SunCoke Energy Partners LP has a 52-week low of $18.00 and a 52-week high of $25.00. The stock’s 50-day moving average is $24.56 and its 200-day moving average is $22.97. The company has a market cap of $804.4 million and a P/E ratio of 13.99.
SunCoke Energy Partners LP (NASDAQ:SXCP) last announced its earnings results on Friday, October 25th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.04. The company had revenue of $162.00 million for the quarter, compared to the consensus estimate of $166.39 million. The company’s revenue for the quarter was down 17.0% on a year-over-year basis. On average, analysts predict that SunCoke Energy Partners LP will post $1.80 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.43 per share. This represents a $1.73 annualized dividend and a dividend yield of 6.73%. The ex-dividend date is Wednesday, November 13th. This is an increase from SunCoke Energy Partners LP’s previous quarterly dividend of $0.42.
SunCoke Energy Partners, L.P. (NASDAQ:SXCP) is a limited partnership formed to acquire an interest in two coke making operations of its sponsor, SunCoke Energy, Inc (SunCoke) in Ohio.
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