Analyst Rating Update on Sempra Energy (SRE)

Sempra Energy (SRE) has an average broker rating of 1.81, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Sempra Energy (SRE) : The most positive equity analysts on Sempra Energy (SRE) expects the shares to touch $127, whereas, the least positive believes that the stock will trade at $116 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $121 with an expected fluctuation of $4.34 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


Sempra Energy (NYSE:SRE): The stock opened at $110.79 on Wednesday but the bulls could not build on the opening and the stock topped out at $110.95 for the day. The stock traded down to $109.96 during the day, due to lack of any buying support eventually closed down at $110.35 with a loss of -0.40% for the day. The stock had closed at $110.79 on the previous day. The total traded volume was 931,163 shares.

Sempra Energy is a holding company. The Companys principal operating units are San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas); Sempra International, which includes Sempra South American Utilities and Sempra Mexico segments, and Sempra U.S. Gas & Power, which includes Sempra Renewables and Sempra Natural Gas segments. Sempra Mexico segment includes the operating companies of the Companys subsidiary, Infraestructura Energetica Nova, S.A.B. de C.V., as well as certain holding companies and risk management activity. SoCalGas and SDG&E sell, distribute and transport natural gas. The Companys units distribute electricity. SoCalGas also provides natural gas storage services.

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