Sempra Energy (SRE) : Zacks Investment Research ranks Sempra Energy (SRE) as 4, which is a Sell recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.81, which indicates as a Buy.
Sempra Energy (SRE) : Currently there are 6 street experts covering Sempra Energy (SRE) stock. The most bullish and bearish price target for the stock is $125 and $114 respectively for the short term. The average price target of all the analysts comes to $119.5. The estimated standard deviation from the target is $4.68.
Sempra Energy (NYSE:SRE): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $113.76 and $113.38 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $114.66. The buying momentum continued till the end and the stock did not give up its gains. It closed at $114.50, notching a gain of 0.79% for the day. The total traded volume was 1,723,509 . The stock had closed at $113.60 on the previous day.
The company shares have rallied 11.99% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $114.40 and the one year low was seen on Jan 8, 2016. The 50-Day Moving Average price is $108.35 and the 200 Day Moving Average price is recorded at $101.08.
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.