SemGroup (NYSE:SEMG) Receiving Somewhat Positive Media Coverage, Analysis Shows

News articles about SemGroup (NYSE:SEMG) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SemGroup earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the pipeline company an impact score of 45.7400288969751 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

SemGroup (NYSE:SEMG) traded up $0.10 on Thursday, reaching $27.15. 28,910 shares of the company’s stock traded hands, compared to its average volume of 930,631. The company has a quick ratio of 1.01, a current ratio of 1.24 and a debt-to-equity ratio of 1.78. The company has a market cap of $2,093.07, a PE ratio of -337.50, a P/E/G ratio of 12.55 and a beta of 1.84. SemGroup has a 1-year low of $21.35 and a 1-year high of $41.00.

A number of equities research analysts recently commented on SEMG shares. Zacks Investment Research upgraded shares of SemGroup from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 22nd. Morgan Stanley reduced their price objective on shares of SemGroup from $32.00 to $29.00 and set an “equal weight” rating on the stock in a research report on Friday, November 17th. SunTrust Banks set a $29.00 price objective on shares of SemGroup and gave the company a “buy” rating in a research report on Friday, November 10th. Royal Bank of Canada reduced their target price on shares of SemGroup from $33.00 to $28.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 14th. Finally, Barclays reduced their target price on shares of SemGroup from $32.00 to $29.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 29th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. SemGroup presently has an average rating of “Hold” and a consensus target price of $32.00.

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SemGroup Company Profile

SemGroup Corporation is a provider of gathering, transportation, storage, distribution, marketing and other midstream services to producers, refiners of petroleum products and other market participants located in the Midwest and Rocky Mountain regions of the United States and Canada. The Company’s segments include Crude Transportation, which operates crude oil pipelines and truck transportation businesses in the United States; Crude Facilities, which operates crude oil storage and terminal businesses in the United States; Crude Supply and Logistics, which operates a crude oil marketing business; SemGas, which provides natural gas gathering and processing services; SemCAMS, which operates natural gas processing and gathering facilities in Alberta, Canada; SemLogistics, which owns petroleum products storage facility in the United Kingdom, and SemMexico, which provides liquid asphalt cement products and product application services to the Mexican market, and Corporate and Other.

Insider Buying and Selling by Quarter for SemGroup (NYSE:SEMG)

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