Shares of SemGroup Corp (NYSE:SEMG) have earned a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $31.50.

Several research analysts recently issued reports on the company. Goldman Sachs Group lowered SemGroup from a “buy” rating to a “neutral” rating and set a $32.00 target price on the stock. in a research report on Friday, January 5th. US Capital Advisors lowered SemGroup from an “overweight” rating to a “hold” rating in a research report on Thursday, January 4th. BidaskClub raised SemGroup from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd. Zacks Investment Research lowered SemGroup from a “hold” rating to a “sell” rating in a research report on Thursday, December 21st. Finally, Wells Fargo & Co raised SemGroup from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 14th.

SemGroup (NYSE:SEMG) opened at $28.30 on Wednesday. The company has a market capitalization of $2,230.00, a price-to-earnings ratio of -2,830.00, a PEG ratio of 12.57 and a beta of 2.00. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.24 and a quick ratio of 1.01. SemGroup has a 1 year low of $21.35 and a 1 year high of $42.40.

Institutional investors have recently bought and sold shares of the business. Century Capital Management LLC purchased a new stake in SemGroup during the 2nd quarter valued at about $651,000. Granite Point Capital Management L.P. purchased a new stake in SemGroup during the 3rd quarter valued at about $719,000. First Trust Advisors LP purchased a new stake in SemGroup during the 3rd quarter valued at about $665,000. Legal & General Group Plc grew its stake in SemGroup by 16.2% during the 2nd quarter. Legal & General Group Plc now owns 64,179 shares of the pipeline company’s stock valued at $1,733,000 after purchasing an additional 8,937 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its stake in SemGroup by 6.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 348,922 shares of the pipeline company’s stock valued at $9,421,000 after purchasing an additional 21,574 shares during the last quarter. Institutional investors and hedge funds own 97.97% of the company’s stock.

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SemGroup Company Profile

Analyst Recommendations for SemGroup (NYSE:SEMG)

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