Shares of SemGroup Corp (NASDAQ:SEMG) have received a consensus broker rating score of 2.00 (Buy) from the eight analysts that cover the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and three have issued a strong buy recommendation on the company.

Analysts have set a 12 month consensus price objective of $32.00 for the company and are predicting that the company will post $0.45 earnings per share for the current quarter, according to Zacks. Zacks has also given SemGroup Corp an industry rank of 192 out of 265 based on the ratings given to related companies.

A number of analysts recently commented on SEMG shares. Royal Bank Of Canada reaffirmed a “buy” rating and set a $33.00 price objective on shares of SemGroup Corp in a research note on Tuesday, August 29th. BidaskClub raised SemGroup Corp from a “sell” rating to a “hold” rating in a research note on Friday, September 8th. Finally, Barclays PLC reissued a “hold” rating and issued a $32.00 price target on shares of SemGroup Corp in a research note on Thursday.

Large investors have recently modified their holdings of the business. IHT Wealth Management LLC acquired a new stake in SemGroup Corp in the 2nd quarter worth about $119,000. Amalgamated Bank boosted its stake in SemGroup Corp by 0.8% in the 2nd quarter. Amalgamated Bank now owns 8,378 shares of the company’s stock worth $226,000 after buying an additional 65 shares during the last quarter. Trexquant Investment LP acquired a new stake in SemGroup Corp in the 2nd quarter worth about $227,000. Karp Capital Management Corp acquired a new stake in SemGroup Corp in the 1st quarter worth about $233,000. Finally, BNP Paribas Arbitrage SA boosted its stake in SemGroup Corp by 537.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,114 shares of the company’s stock worth $246,000 after buying an additional 7,684 shares during the last quarter.

SemGroup Corp (SEMG) traded down 3.20% on Monday, hitting $25.75. The stock had a trading volume of 707,632 shares. The stock’s 50 day moving average is $27.67 and its 200 day moving average is $28.44. SemGroup Corp has a one year low of $22.55 and a one year high of $43.20. The stock has a market cap of $2.03 billion and a price-to-earnings ratio of 254.95.

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