Sunoco Logistics Partners LP (NYSE:SXL) Given Price Target Of $30.25


As per Sunoco Logistics Partners LP (NYSE:SXL)’s news release on 2016-04-29, its shareholders will get cash dividend of $0.489 per share. The recent press release updated on the record date and payout date, which stands at 2016-05-09 and 2016-05-13, respectively.

The stock of Sunoco Logistics Partners LP (NYSE:SXL) will commence trading ex-dividend from 2016-05-05, until which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Sunoco Logistics Partners LP (NYSE:SXL) disbursed $1.864 in dividend compared to distribution of $1.426, a year ago. It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 20.2454%.

The past track record of five years substantiates that the average payout of Sunoco Logistics Partners LP (NYSE:SXL) stands at $1.207, implying 17.9102% growth. The company recorded earnings of $0.43 a share in the preceding fiscal.

The interim price target for Sunoco Logistics Partners LP (NYSE:SXL) is set at $30.25. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate is seen at $33 and the lowest level is established at 21. This broad range highlights a standard deviation of $4.166 in reported estimates.

AlphaOne has allotted A sentiment score of 0 to Sunoco Logistics Partners LP (NYSE:SXL) while impact score assigned is 86 as on as on 2016-07-09.

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