DBA Sempra found using ticker (SRE) have now 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 192 and 160 with a mean TP of 171.25. Given that the stocks previous close was at 153.49 this would indicate that there is a potential upside of 11.6%. The day 50 moving average is 154.19 and the 200 day MA is 144.22. The company has a market cap of $48,478m. Company Website: https://www.sempra.com
The potential market cap would be $54,088m based on the market concensus.
Sempra operates as an energy-services holding company in the United States and internationally. The company’s San Diego Gas & Electric Company segment provides electric services; and supplies natural gas. It offers electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas to a population of approximately 22 million covering an area of 24,000 square miles. The company’s Sempra Texas Utilities segment engages in the regulated transmission and distribution of electricity serving 3.8 million homes and businesses, and operation of 140,000 miles of transmission and distribution lines. Its transmission system includes 18,249 circuit miles of transmission lines, a total of 1,174 transmission and distribution substations, and interconnection to 130 third-party generation facilities totaling 45,403 megawatts. The company was formerly known as Sempra Energy and changed its name to Sempra in July 2021. Sempra was founded in 1998 and is headquartered in San Diego, California.
