Shares of SemGroup Corp. (NYSE:SEMG) have been given an average recommendation of “Buy” by the eleven research firms that are covering the firm. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $33.93.

Several equities analysts recently issued reports on SEMG shares. Goldman Sachs Group Inc. started coverage on SemGroup Corp. in a research note on Thursday, August 25th. They set a “buy” rating and a $39.00 price target on the stock. SunTrust Banks Inc. started coverage on SemGroup Corp. in a research note on Wednesday, June 15th. They set a “buy” rating on the stock.

SemGroup Corp. (NYSE:SEMG) opened at 34.27 on Friday. The firm’s market capitalization is $1.81 billion. SemGroup Corp. has a 12 month low of $13.98 and a 12 month high of $53.34. The stock’s 50 day moving average price is $32.94 and its 200 day moving average price is $30.16.

A number of large investors have recently added to or reduced their stakes in the stock. Barclays PLC increased its stake in SemGroup Corp. by 11.1% in the first quarter. Barclays PLC now owns 33,237 shares of the company’s stock worth $731,000 after buying an additional 3,322 shares during the last quarter. A.R.T. Advisors LLC increased its stake in SemGroup Corp. by 23.4% in the first quarter. A.R.T. Advisors LLC now owns 45,048 shares of the company’s stock worth $1,009,000 after buying an additional 8,536 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in SemGroup Corp. during the first quarter worth $3,706,000. Wellington Management Group LLP increased its stake in SemGroup Corp. by 25.0% in the first quarter. Wellington Management Group LLP now owns 604,814 shares of the company’s stock worth $13,548,000 after buying an additional 120,883 shares during the last quarter. Finally, Cypress Wealth Advisors LLC bought a new stake in SemGroup Corp. during the first quarter worth $473,000.

SemGroup Corp. Company Profile

5 Day Chart for NYSE:SEMG

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