Deutsche Bank Raises PT on SemGroup (SEMG)

February 11, 2013 3:58 PM EST
Get Alerts SEMG Hot Sheet
Price: $40.50 +0.25%

Rating Summary:
    10 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 23 | Down: 34 | New: 34
Trade SEMG Now!
Join SI Premium – FREE
SemGroup (NYSE: SEMG) is higher by 15 percent year-to-date. In the opinion of analysts at Deutsche Bank, this upside is a partial recognition of the building value of its General Partner interest in Rose Rock Midstream, L.P. (NYSE: RRMS). In addition, the company might be viewed as a possible merger candidate at some point in the future, said analyst Curt Launer

Deutsche Bank reiterated a Buy on SemGroup and raised its price target to $56.00 (from $50.00).

For an analyst ratings summary and ratings history on SemGroup (NYSE: SEMG)semg click here. For more ratings news on SemGroup click here.

Shares of SemGroup closed at $46.70 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View

Related Entities

Deutsche Bank

Add Your Comment