Stock Price Prediction

Sunoco (SUN) is currently trading at $56.33, with analysts projecting a price target of $63-$64, indicating an upside of approximately 17%-18%. The bullish view is supported by its strong dividend yield of $3.5460 annually (6.3%) and consistent growth in distributable cash flow, driven by acquisitions and strategic partnerships. Additionally, its low forward P/E of 5.35 suggests undervaluation compared to industry peers.

SUN stock is currently trading at $56.51, with bearish sentiment stemming from its high implied volatility (58% for puts) and recent underperformance in the Oils-Energy sector, which declined 7.5% over the past month. Analysts suggest limited upside as the $60 resistance level remains firm, with a 74% chance of covered calls expiring worthless. Additionally, the stock's valuation metrics, such as a Forward P/E of 5.35, indicate potential undervaluation, but sector weakness and macro headwinds weigh on its near-term outlook.

The market consensus for SUN's revenue in the upcoming quarter is projected to be approximately $5.776B USD.