SemGroup (NYSE: SEMG) received a Hold rating from Wells Fargo analyst Michael Blum yesterday. The company’s shares closed on Friday at $25.
According to TipRanks.com, Blum is a 4-star analyst with an average return of 14.1% and a 67.4% success rate. Blum covers the Basic Materials sector, focusing on stocks such as Spectra Energy Partners, Dominion Midstream, and Nustar Energy LP.
SemGroup has an analyst consensus of Hold, with a price target consensus of $25.
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The company has a one-year high of $30.95 and a one-year low of $20.20. Currently, SemGroup has an average volume of 840.3K.
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SemGroup Corp. engages in gathering, transporting, and trading of petroleum products. It operates through the following segments: Crude Transportation; Crude Facilities; Crude Supply and Logistics; HFOTCO; SemGas; and SemCAMS. The Crude Transportation segment manages oil pipelines and truck transportation services.
