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Suburban Propane (NYSE:SPH) target price raised to $36.00, reported today by Stifel

Suburban Propane (NYSE:SPH) had its target price raised to $36.00 by Stifel in a report released 10/13/2016. The new target price indicates a possible upside of 0.13% based on the company's last stock close price.

Yesterday Suburban Propane (NYSE:SPH) traded 0.76% higher at $31.94. SPH’s 50-day average is $33.02 and its two hundred day average is $32.66. With the last stock price close down -2.19% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 108,445 shares of SPH changing hands under the typical 158,772

Performance Chart

Suburban Propane (NYSE:SPH)

With a market capitalization of $0, Suburban Propane has 52 week low of $20.93 and a 52 week high of $37.10 with a PE ratio of 277.74 .

In addition to Stifel reporting its stock price target, a total of 7 brokerages have issued a ratings update on Suburban Propane. The 12-month price target is $33.00 with zero analysts rating the company a strong buy, zero analysts rating the company a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Suburban Propane (NYSE:SPH)

Suburban Propane Partners, L.P. (the Partnership) is a marketer and distributor of a range of products meeting the energy needs of the customers. The Company is specialized in the distribution of propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets. The Company conducts its business through Suburban Propane, L.P., which operates its propane business and assets (the Operating Partnership), and its direct and indirect subsidiaries. Its general partner, and the general partner of its Operating Partnership, is Suburban Energy Services Group LLC (the General Partner). Subsidiaries of the Operating Partnership include Suburban Sales and Service, Inc. (the Service Company), which conducts a portion of the Partnership's service work and appliance and parts businesses. It operates in three segments: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity.

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