SPH - Watch for Continued Gains in Shares of Suburban Propane Partners L.P. (SPH)
Shares of Suburban Propane Partners L.P. (NYSE:SPH) traded today at $16.57, eclipsing its 52-week high. Approximately 60,000 shares have changed hands today, as compared to an average 30-day volume of 311,000 shares.
Suburban Propane Partners distributes propane, fuel oil, and other refined fuels to customers primarily in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets.
Suburban Propane Partners L.P. share prices have moved between a 52-week high of $16.57 and a 52-week low of $13.83 and are now trading 19% above that low price at $16.49 per share.
There is potential upside of 15.3% for shares of Suburban Propane Partners L.P. based on a current price of $16.49 and an average consensus analyst price target of $19.01.
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