SemGroup Corp (NASDAQ:SEMG) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Monday.

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

SemGroup Corp (NASDAQ SEMG) opened at 27.25 on Monday. The stock has a market cap of $2.14 billion and a P/E ratio of 269.80. SemGroup Corp has a 1-year low of $22.55 and a 1-year high of $43.20. The company has a 50-day moving average price of $25.30 and a 200 day moving average price of $29.38.

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A number of hedge funds have recently modified their holdings of SEMG. Great West Life Assurance Co. Can boosted its holdings in SemGroup Corp by 22.4% in the first quarter. Great West Life Assurance Co. Can now owns 9,010 shares of the company’s stock worth $323,000 after purchasing an additional 1,651 shares during the last quarter. US Bancorp DE boosted its holdings in SemGroup Corp by 814.2% in the first quarter. US Bancorp DE now owns 24,391 shares of the company’s stock worth $878,000 after purchasing an additional 21,723 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in SemGroup Corp by 3.4% in the first quarter. Bank of New York Mellon Corp now owns 1,552,483 shares of the company’s stock worth $55,889,000 after purchasing an additional 51,743 shares during the last quarter. Comerica Bank boosted its holdings in SemGroup Corp by 0.6% in the first quarter. Comerica Bank now owns 7,412 shares of the company’s stock worth $247,000 after purchasing an additional 41 shares during the last quarter. Finally, UBS Asset Management Americas Inc. boosted its holdings in SemGroup Corp by 22.6% in the first quarter. UBS Asset Management Americas Inc. now owns 32,857 shares of the company’s stock worth $1,183,000 after purchasing an additional 6,054 shares during the last quarter.

About SemGroup Corp

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