Somewhat Positive Media Coverage Somewhat Unlikely to Impact SemGroup Corp (NASDAQ:SEMG) Stock Price

Media coverage about SemGroup Corp (NASDAQ:SEMG) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SemGroup Corp earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.5628466578155 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of SemGroup Corp (SEMG) opened at 25.75 on Friday. The firm has a market capitalization of $2.03 billion and a PE ratio of 254.95. SemGroup Corp has a 52 week low of $22.55 and a 52 week high of $43.20. The stock has a 50 day moving average of $27.62 and a 200-day moving average of $28.18.

SEMG has been the subject of a number of analyst reports. Royal Bank Of Canada reiterated a “buy” rating and issued a $33.00 target price on shares of SemGroup Corp in a research note on Tuesday, August 29th. BidaskClub upgraded shares of SemGroup Corp from a “sell” rating to a “hold” rating in a research note on Friday, September 8th. Finally, Barclays PLC reiterated a “hold” rating and issued a $32.00 target price on shares of SemGroup Corp in a research note on Thursday, October 19th.

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