Morgan Stanley Keeps Their Hold Rating on Sempra Energy (SRE)


In a report released today, Stephen Byrd from Morgan Stanley maintained a Hold rating on Sempra Energy (NYSE: SRE), with a price target of $121. The company’s shares closed yesterday at $117.60.

According to TipRanks.com, Byrd is a 3-star analyst with an average return of 2.7% and a 61.4% success rate. Byrd covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and South Jersey Industries.

Sempra Energy has an analyst consensus of Moderate Buy, with a price target consensus of $121.83.

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The company has a one-year high of $122.98 and a one-year low of $100.49. Currently, Sempra Energy has an average volume of 2.19M.

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Sempra Energy is an energy-service holding company, whose operating units invests in, developing and operating energy infrastructure, and provide gas and electricity services to their customers in North and South America.

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