Brokerage Firm Rating Update on SunCoke Energy (SXC)

SunCoke Energy (SXC) : 1 brokerage houses believe that SunCoke Energy (SXC) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on SunCoke Energy (SXC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 2 Wall Street Analysts endorse the stock as a Buy with a rating of 2.

SunCoke Energy (SXC) : 2 Wall Street analysts covering SunCoke Energy (SXC) believe that the average level the stock could reach for the short term is $8.25. The maximum price target given is $9 and the minimum target for short term is around $8, hence the standard deviation is calculated at $1.06.


For the current week, the company shares have a recommendation consensus of Buy.

SunCoke Energy (NYSE:SXC): The stock opened at $7 and touched an intraday high of $7.23 on Wednesday. During the day, the stock corrected to an intraday low of $6.92, however, the bulls stepped in and pushed the price higher to close in the green at $7.1 with a gain of 1.28% for the day. The total traded volume for the day was 532,553. The stock had closed at $7.01 in the previous trading session.

SunCoke Energy, Inc. (SunCoke) is an independent producer of coke, a principal raw material in the blast furnace steelmaking process. The Company operates through four segments: Domestic Coke, Brazil Coke, India Coke and Coal Logistics. The Companys Domestic Coke consists of its Indiana Harbor, Haverhill, Granite City and Middletown cokemaking and heat recovery operations located in Vansant, Virginia; East Chicago, Indiana; Franklin Furnace, Ohio; Granite City, Illinois, and Middletown, Ohio, respectively. The Companys Brazil Coke consists of its operations in Vitoria, Brazil, where it operates a cokemaking facility for a Brazilian subsidiary of ArcelorMittal. India Coke consists of its cokemaking joint venture with Visa Steel in Odisha, India. Coal Logistics consists of its coal handling and blending service operations in East Chicago, Indiana; Ceredo, West Virginia; Belle, West Virginia; and Catlettsburg, Kentucky.

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