DBA Sempra found using ticker (SRE) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 192 and 160 calculating the average target price we see 171.44. Given that the stocks previous close was at 161.44 this is indicating there is a potential upside of 6.2%. The 50 day moving average now sits at 154.27 and the 200 day moving average is 146. The company has a market cap of $51,196m. Company Website: https://www.sempra.com
The potential market cap would be $54,368m 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.
