SunTrust Robinson analyst Tristan Richardson maintained a Hold rating on SemGroup (SEMG) today and set a price target of $16.00. The company’s shares closed last Monday at $15.95.
According to TipRanks.com, Richardson is a 2-star analyst with an average return of 0.0% and a 45.5% success rate. Richardson covers the Basic Materials sector, focusing on stocks such as Targa Resources Corp, Magellan Midstream, and Oneok Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for SemGroup with a $15.00 average price target.
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Based on SemGroup’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $25.59 million. In comparison, last year the company had a net profit of $8.46 million.
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