Somewhat Favorable News Coverage Somewhat Unlikely to Impact SemGroup (SEMG) Stock Price

News articles about SemGroup (NYSE:SEMG) have trended somewhat positive on Tuesday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SemGroup earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the pipeline company an impact score of 46.3514299073005 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

SEMG has been the topic of a number of recent research reports. BidaskClub raised SemGroup from a “sell” rating to a “hold” rating in a research report on Friday, September 8th. Royal Bank of Canada reaffirmed a “buy” rating and set a $33.00 price objective on shares of SemGroup in a report on Tuesday, October 3rd. Barclays reaffirmed a “hold” rating and set a $32.00 price objective on shares of SemGroup in a report on Thursday, October 19th. Finally, SunTrust Banks set a $29.00 price objective on SemGroup and gave the company a “buy” rating in a report on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $31.00.

SemGroup (NYSE:SEMG) traded up $0.60 during mid-day trading on Tuesday, reaching $30.80. 1,243,882 shares of the company traded hands, compared to its average volume of 1,030,150. The company has a quick ratio of 1.01, a current ratio of 1.24 and a debt-to-equity ratio of 1.78. SemGroup has a 1 year low of $21.35 and a 1 year high of $43.05. The company has a market cap of $2,376.28, a PE ratio of -385.00 and a beta of 2.03.

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