SemGroup Corp (NASDAQ:SEMG) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.

Separately, Royal Bank Of Canada reiterated a “buy” rating and issued a $33.00 price objective on shares of SemGroup Corp in a report on Tuesday, August 29th.

Shares of SemGroup Corp (NASDAQ SEMG) traded down 0.56% during trading on Friday, hitting $26.50. 38,318 shares of the company’s stock were exchanged. SemGroup Corp has a 1-year low of $22.55 and a 1-year high of $43.20. The stock has a market cap of $2.08 billion and a PE ratio of 262.38. The stock’s 50-day moving average price is $25.18 and its 200-day moving average price is $30.01.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. IHT Wealth Management LLC acquired a new stake in SemGroup Corp in the 2nd quarter valued at $119,000. Karp Capital Management Corp acquired a new stake in SemGroup Corp in the 1st quarter valued at $233,000. Comerica Bank grew its position in SemGroup Corp by 0.6% in the 1st quarter. Comerica Bank now owns 7,412 shares of the company’s stock valued at $247,000 after purchasing an additional 41 shares during the period. Amalgamated Bank grew its position in SemGroup Corp by 0.8% in the 2nd quarter. Amalgamated Bank now owns 8,378 shares of the company’s stock valued at $226,000 after purchasing an additional 65 shares during the period. Finally, Trexquant Investment LP acquired a new stake in SemGroup Corp in the 2nd quarter valued at $227,000.

SemGroup Corp Company Profile

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