Semgroup Corporation (NYSE:SEMG) Getting Somewhat Favorable Media Coverage, Analysis Finds
Media coverage about Semgroup Corporation (NYSE:SEMG) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Semgroup Corporation earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the pipeline company an impact score of 46.2644127493561 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Semgroup Corporation (NYSE:SEMG) opened at 25.50 on Monday. Semgroup Corporation has a 1-year low of $22.55 and a 1-year high of $43.20. The company has a 50-day moving average of $25.99 and a 200-day moving average of $32.85. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 262.89 and a beta of 2.03.
A number of analysts have recently issued reports on the stock. BidaskClub raised shares of Semgroup Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Wells Fargo & Company lowered shares of Semgroup Corporation from an “outperform” rating to a “market perform” rating in a research note on Monday, July 17th. Royal Bank Of Canada lowered their target price on shares of Semgroup Corporation from $41.00 to $33.00 and set an “outperform” rating for the company in a research note on Thursday, June 22nd. Morgan Stanley lowered their target price on shares of Semgroup Corporation from $39.00 to $32.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 21st. Finally, Barclays PLC lowered shares of Semgroup Corporation from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $36.00 to $32.00 in a research note on Wednesday, June 14th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $34.00.
About Semgroup Corporation
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