How Analysts Feel About Sempra Energy (NYSE:SRE)?

January 18, 2018 - By Linda Rogers

 How Analysts Feel About Sempra Energy (NYSE:SRE)?
Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.18, from 1.01 in 2017Q2. It improved, as 28 investors sold Sempra Energy shares while 168 reduced holdings. 62 funds opened positions while 172 raised stakes. 197.93 million shares or 1.07% less from 200.08 million shares in 2017Q2 were reported.
Girard Partners Limited reported 3,006 shares. Ballentine Partners Ltd Liability Corp reported 0.03% stake. South Dakota Invest Council accumulated 0.02% or 9,400 shares. State Of New Jersey Common Pension Fund D stated it has 120,000 shares. Amalgamated Bancorp reported 28,827 shares or 0.1% of all its holdings. Stevens First Principles Invest holds 0.02% or 300 shares. Missouri-based Co Comml Bank has invested 0.07% in Sempra Energy (NYSE:SRE). Apg Asset Nv holds 0.09% or 463,762 shares. Moreover, Cap Financial Advisers Ltd Llc has 0.01% invested in Sempra Energy (NYSE:SRE). Stratos Wealth Prns Limited reported 0.02% in Sempra Energy (NYSE:SRE). Raymond James Svcs Inc has 0.02% invested in Sempra Energy (NYSE:SRE) for 27,097 shares. Highlander Cap Mgmt Lc invested in 0.04% or 400 shares. Cadence Cap Mngmt Ltd accumulated 12,615 shares or 0.09% of the stock. Proshare Advsrs Ltd Liability reported 0.03% of its portfolio in Sempra Energy (NYSE:SRE). State Of Wisconsin Invest Board holds 386,509 shares.

Sempra Energy (NYSE:SRE) Ratings Coverage

Among 9 analysts covering Sempra Energy (NYSE:SRE), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Sempra Energy had 18 analyst reports since September 15, 2015 according to SRatingsIntel. As per Wednesday, November 1, the company rating was maintained by JP Morgan. Wells Fargo maintained the stock with “Outperform” rating in Tuesday, October 10 report. Wells Fargo maintained Sempra Energy (NYSE:SRE) rating on Wednesday, January 3. Wells Fargo has “Buy” rating and $121.0 target. The rating was downgraded by Barclays Capital on Thursday, June 8 to “Equal-Weight”. The firm has “Hold” rating given on Friday, December 22 by Bank of America. The rating was upgraded by Goldman Sachs on Wednesday, October 11 to “Buy”. The firm has “Hold” rating given on Thursday, May 11 by BMO Capital Markets. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, January 25. BMO Capital Markets maintained Sempra Energy (NYSE:SRE) rating on Friday, August 4. BMO Capital Markets has “Hold” rating and $11800 target. The firm has “Buy” rating given on Sunday, August 27 by RBC Capital Markets. Below is a list of Sempra Energy (NYSE:SRE) latest ratings and price target changes.

03/01/2018 Broker: Wells Fargo Rating: Buy New Target: $121.0 Maintain
22/12/2017 Broker: Bank of America Rating: Hold New Target: $112.0 Downgrade
05/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $121.0 Maintain
01/11/2017 Broker: JP Morgan Rating: Neutral Old Target: $123 New Target: $124 Maintain
12/10/2017 Broker: JP Morgan Rating: Neutral Old Target: $126 New Target: $125 Maintain
11/10/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade
10/10/2017 Broker: Wells Fargo Rating: Outperform Old Target: $130 New Target: $128 Maintain
01/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $117.0 Maintain
27/08/2017 Broker: RBC Capital Markets Rating: Buy New Target: $117.0 Maintain
10/08/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $131 New Target: $134 Maintain

The stock decreased 0.66% or $0.7001 during the last trading session, reaching $105.8899. About 97,611 shares traded. Sempra Energy (NYSE:SRE) has risen 8.27% since January 18, 2017 and is uptrending. It has underperformed by 8.43% the S&P500.

Sempra Energy, together with its subsidiaries, engages in energy business worldwide. The company has market cap of $26.61 billion. The companyÂ’s San Diego Gas & Electric Company segment transmits and distributes electricity and/or natural gas. It has a 23.45 P/E ratio. As of December 31, 2016, this segment had approximately 1.4 million electric meters and 878,000 natural gas meters.

More notable recent Sempra Energy (NYSE:SRE) news were published by: Prnewswire.com which released: “Sempra Energy Announces Pricing of Public Offerings of Common Stock and …” on January 05, 2018, also Nasdaq.com with their article: “Is Sempra Energy (SRE) a Great Stock for Value Investors?” published on January 09, 2018, Moodys.com published: “Moody’s changes rating outlook of Sempra Energy to negative; affirms Baa1 …” on December 20, 2017. More interesting news about Sempra Energy (NYSE:SRE) were released by: Nasdaq.com and their article: “Sempra Energy Stock Getting Very Oversold” published on December 21, 2017 as well as Prnewswire.com‘s news article titled: “Additional Texas Stakeholders Join Oncor-Sempra Energy Settlement Agreement” with publication date: December 27, 2017.

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