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Sempra Energy (NYSE:SRE) has earned an average rating of “Buy” from the ten ratings firms that are covering the company, American Banking reports. One equities research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $101.84.

A number of analysts have recently weighed in on SRE shares. Analysts at JPMorgan Chase & Co. set a $107.00 price target on shares of Sempra Energy in a research note on Wednesday, July 9th. They now have an “overweight” rating on the stock. Analysts at ISI Group upgraded shares of Sempra Energy from a “neutral” rating to a “buy” rating in a research note on Monday, June 9th. They now have a $115.00 price target on the stock, up previously from $95.00.

Shares of Sempra Energy (NYSE:SRE) opened at 100.94 on Tuesday. Sempra Energy has a 1-year low of $81.77 and a 1-year high of $105.25. The stock has a 50-day moving average of $102.0 and a 200-day moving average of $97.71. The company has a market cap of $24.758 billion and a P/E ratio of 23.27.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings results on Thursday, August 7th. The company reported $1.08 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.13 by $0.05. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the company posted $1.04 earnings per share. Sempra Energy’s revenue was up 1.0% compared to the same quarter last year. Analysts expect that Sempra Energy will post $4.48 EPS for the current fiscal year.

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

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