Sempra Energy’s Price Targets and Wall Street’s Views

Sempra Energy (SRE) became the largest utility by market capitalization in California after PG&E’s (PCG) wildfire fiasco. Among the nine analysts currently tracking Sempra Energy, three rate the stock as a “strong buy” while three rate it as a “buy.” Three analysts recommend it as a “hold,” and none of the analysts rate it as a “sell” as of March 7. According to Wall Street analyst consensus, Sempra Energy stock has a mean price target of $118.6 against its current market price of $109.4, which indicates a possible gain of 8.4% going forward.