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Stock analysts at Wells Fargo & Co. began coverage on shares of Sempra Energy (NYSE:SRE) in a report issued on Thursday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.

A number of other analysts have also recently weighed in on SRE. Analysts at Zacks reiterated a “neutral” rating on shares of Sempra Energy in a research note on Tuesday, February 4th. They now have a $97.00 price target on the stock. Separately, analysts at ISI Group raised their price target on shares of Sempra Energy from $87.00 to $95.00 in a research note on Tuesday, January 14th. Finally, analysts at Barclays cut their price target on shares of Sempra Energy from $101.00 to $97.00 in a research note on Monday, January 6th. They now have an “overweight” rating on the stock. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $93.88.

Sempra Energy (NYSE:SRE) traded up 0.51% during mid-day trading on Thursday, hitting $92.90. The stock had a trading volume of 1,656,607 shares. Sempra Energy has a 1-year low of $75.24 and a 1-year high of $94.44. The stock’s 50-day moving average is $91. and its 200-day moving average is $88.22. The company has a market cap of $22.681 billion and a P/E ratio of 22.80.

Sempra Energy is a holding company. During the year ended December 31, 2011, Sempra Energy’s business was organized in five segments: San Diego Gas & Electric Company (NYSE:SRE), Southern California Gas Company (SoCalGas), Sempra Generation, Sempra Pipelines & Storage and Sempra LNG (liquefied natural gas).

The Fly On The Wall

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