Semgroup Corporation (SEMG) Price Target Cut to $28.00
Semgroup Corporation (NYSE:SEMG) had its target price dropped by research analysts at Royal Bank Of Canada from $33.00 to $28.00 in a research report issued on Tuesday. The firm presently has an “outperform” rating on the pipeline company’s stock. Royal Bank Of Canada’s target price suggests a potential upside of 19.66% from the stock’s current price.
A number of other research firms also recently commented on SEMG. BidaskClub downgraded shares of Semgroup Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. Zacks Investment Research downgraded shares of Semgroup Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Finally, Wells Fargo & Company downgraded shares of Semgroup Corporation from an “outperform” rating to a “market perform” rating in a report on Monday, July 17th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. Semgroup Corporation has an average rating of “Hold” and an average target price of $32.60.
Semgroup Corporation (NYSE:SEMG) opened at $23.40 on Tuesday. Semgroup Corporation has a one year low of $22.55 and a one year high of $43.20. The company has a current ratio of 1.24, a quick ratio of 1.01 and a debt-to-equity ratio of 1.78. The stock has a market cap of $1,971.06, a PE ratio of 19.88, a PEG ratio of 2.58 and a beta of 2.08.
Semgroup Corporation Company Profile
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