SemGroup Corp. (NYSE:SEMG) has been assigned a consensus rating of “Buy” from the ten brokerages that are covering the firm. Three equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $37.24.

Several brokerages have weighed in on SEMG. Goldman Sachs Group Inc. began coverage on SemGroup Corp. in a research note on Thursday, August 25th. They issued a “buy” rating and a $39.00 target price on the stock. Citigroup Inc. began coverage on SemGroup Corp. in a research note on Thursday, November 3rd. They issued a “neutral” rating on the stock.

Shares of SemGroup Corp. (NYSE:SEMG) opened at 33.60 on Friday. The firm has a 50 day moving average price of $33.38 and a 200-day moving average price of $31.78. The firm’s market capitalization is $2.22 billion. SemGroup Corp. has a 52 week low of $13.98 and a 52 week high of $36.64.

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. increased its stake in SemGroup Corp. by 9.7% in the first quarter. BlackRock Inc. now owns 32,265 shares of the company’s stock worth $722,000 after buying an additional 2,849 shares during the last quarter. 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. BlackRock Group LTD increased its stake in SemGroup Corp. by 13.5% in the first quarter. BlackRock Group LTD now owns 45,856 shares of the company’s stock worth $1,026,000 after buying an additional 5,445 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. Finally, Canada Pension Plan Investment Board increased its stake in SemGroup Corp. by 247.1% in the first quarter. Canada Pension Plan Investment Board now owns 17,700 shares of the company’s stock worth $396,000 after buying an additional 12,600 shares during the last quarter. Institutional investors own 88.63% of the company’s stock.

SemGroup Corp. Company Profile

5 Day Chart for NYSE:SEMG

Receive News & Stock Ratings for SemGroup Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SemGroup Corp. and related stocks with our FREE daily email newsletter.