SemGroup (SEMG) Rating Increased to Outperform at Wells Fargo & Company
SemGroup (NYSE:SEMG) was upgraded by stock analysts at Wells Fargo & Company from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Thursday.
Several other analysts have also recently commented on SEMG. BidaskClub cut shares of SemGroup from a “hold” rating to a “sell” rating in a research note on Wednesday, August 16th. Royal Bank of Canada reiterated a “buy” rating and issued a $33.00 price target on shares of SemGroup in a research note on Tuesday, August 29th. Barclays reiterated a “hold” rating and issued a $32.00 price target on shares of SemGroup in a research note on Thursday, October 19th. Finally, SunTrust Banks set a $29.00 price target on shares of SemGroup and gave the stock a “buy” rating in a research note on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. SemGroup presently has an average rating of “Hold” and a consensus target price of $31.00.
SemGroup (NYSE:SEMG) opened at $27.80 on Thursday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.01 and a current ratio of 1.24. SemGroup has a one year low of $21.35 and a one year high of $43.20. The firm has a market cap of $2,199.24, a price-to-earnings ratio of 22.18 and a beta of 2.04.
WARNING: “SemGroup (SEMG) Rating Increased to Outperform at Wells Fargo & Company” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another domain, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this news story can be viewed at https://www.watchlistnews.com/semgroup-semg-rating-increased-to-outperform-at-wells-fargo-company/1767649.html.
SemGroup Company Profile
Receive News & Ratings for SemGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SemGroup and related companies with MarketBeat.com's FREE daily email newsletter.