Benchmark Co. Reiterates 'Buy' Rating on SunCoke Energy, Inc. (SXC) With $13 Price Target

With significant hedge fund interest, SunCoke Energy, Inc. (NYSE:SXC) secures a spot on our list of the 11 Best Coal Stocks to Buy According to Hedge Funds.

Nathan Martin, an analyst at Benchmark Co., reiterated his buy recommendation for SunCoke Energy, Inc. (NYSE:SXC) on July 31, 2025, with a price target of $13.00. Martin cited his trust in the company’s potential despite recent earnings hurdles. Lower-priced spot sales and reduced CMT handling volumes caused SunCoke to report lower Q2 adjusted EBITDA; nevertheless, management kept full-year guidance, indicating optimism for improved performance in the future.

Growth is anticipated to be supported by strategic initiatives like the Phoenix acquisition and KRT development, while current contract talks and projects such as Granite City’s GPI provide additional upside potential. Analysts see resilience in SunCoke Energy, Inc. (NYSE:SXC)’s operations, which supports a positive long-term outlook, as evidenced by adjusted capital expenditures and improved Q3 EBITDA forecasts.

In addition to producing coke in the United States and Brazil, SunCoke Energy, Inc. (NYSE:SXC) offers mixing, coal handling, and logistical services to the steel, utility, and manufacturing sectors. It is one of the Best Coal Stocks.

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Disclosure: None.