Analysts Conflicted on These Utilities Names: Sempra Energy (SRE) and DTE Energy (DTE)


Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Sempra Energy (NYSE:SRE) and DTE Energy (NYSE:DTE).

Sempra Energy (SRE)

Wells Fargo analyst Sarah Akers maintained a Buy rating on Sempra Energy today and set a price target of $129. The company’s shares closed on Friday at $118.73.

According to TipRanks.com, Akers is a 3-star analyst with an average return of 11.1% and a 83.3% success rate. Akers covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Dominion Resources, and Spire Inc.

Currently, the analyst consensus on Sempra Energy is a Moderate Buy with an average price target of $122.60.

See today’s analyst top recommended stocks >>

DTE Energy (DTE)

In a report released today, Neil Kalton from Wells Fargo maintained a Hold rating on DTE Energy, with a price target of $118. The company’s shares closed on Friday at $112.30.

According to TipRanks.com, Kalton is a 4-star analyst with an average return of 9.0% and a 75.9% success rate. Kalton covers the Utilities sector, focusing on stocks such as Edison International, Pattern Energy, and FirstEnergy.

DTE Energy has an analyst consensus of Moderate Buy, with a price target consensus of $114, representing a 1.5% upside. In a report issued on September 10, Citigroup also maintained a Hold rating on the stock with a $110 price target.

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