Wells Fargo Maintains a Buy Rating on Sempra Energy (SRE)


In a report released today, Sarah Akers from Wells Fargo maintained a Buy rating on Sempra Energy (SRE), with a price target of $130. The company’s shares opened today at $117.65.

According to TipRanks.com, Akers is a 4-star analyst with an average return of 9.8% and a 82.6% success rate. Akers covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Chesapeake Utilities Corp, and South Jersey Industries.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sempra Energy with a $126 average price target.

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The company has a one-year high of $127.22 and a one-year low of $100.49. Currently, Sempra Energy has an average volume of 1.74M.

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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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