Wells Fargo analyst Michael Blum maintained a Hold rating on SemGroup (NYSE: SEMG) yesterday. The company’s shares closed yesterday at $24.05.
According to TipRanks.com, Blum is a 4-star analyst with an average return of 12.8% and a 60.9% success rate. Blum covers the Basic Materials sector, focusing on stocks such as Spectra Energy Partners, Energy Transfer Eq, and Kinder Morgan.
SemGroup has an analyst consensus of Moderate Buy, with a price target consensus of $27.
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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 663.3K.
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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.
