In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Buy rating on Sempra Energy (SRE – Research Report), with a price target of $85.00. The company’s shares closed yesterday at $70.60.
Tonet covers the Energy sector, focusing on stocks such as Targa Resources, Nustar Energy, and Oneok. According to TipRanks, Tonet has an average return of 4.9% and a 56.22% success rate on recommended stocks.
Currently, the analyst consensus on Sempra Energy is a Strong Buy with an average price target of $82.85, representing a 17.35% upside. In a report released on March 14, Barclays also maintained a Buy rating on the stock with a $79.00 price target.
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The company has a one-year high of $77.79 and a one-year low of $63.23. Currently, Sempra Energy has an average volume of 2.83M.
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Sempra Energy (SRE) Company Description:
Sempra Energy is an energy service company which engages in the sale, distribution, storage and transportation of electricity and natural gas. The company has over 35 million customers across North America, with a strong focus on the most attractive markets including California, Texas, Mexico and the LNG export market.
Read More on SRE:
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- Sempra Energy price target raised to $79 from $77 at Barclays
- Sempra Energy price target lowered to $79 from $81 at Wells Fargo
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- Sempra Energy sees FY25 adjusted EPS $4.90-$5.25
