Sempra (SRE) Stock Forecast & Price Target

$93.28 -1.49 (-1.57%)

(As of 11/26/2024 ET)

Sempra - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 11 Analyst Ratings

Sell
0

Hold
1

Buy
10

Based on 11 Wall Street analysts who have issued ratings for Sempra in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 1 has given a hold rating, and 10 have given a buy rating for SRE.

Consensus Price Target

$89.00
-4.59% Downside

According to the 11 analysts' twelve-month price targets for Sempra, the average price target is $89.00. The highest price target for SRE is $98.00, while the lowest price target for SRE is $79.00. The average price target represents a forecasted downside of -4.59% from the current price of $93.28.

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SRE Analyst Ratings Over Time

Type	Current Forecast 11/27/23 to 11/26/24	1 Month Ago 10/28/23 to 10/27/24	3 Months Ago 8/29/23 to 8/28/24	1 Year Ago 11/27/22 to 11/27/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	10 Buy rating(s)	9 Buy rating(s)	6 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$89.00	$87.55	$83.36	$80.85
Forecasted Upside	-4.59% Downside	3.75% Upside	2.10% Upside	9.67% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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SRE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SRE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Sempra Stock vs. The Competition

Type	Sempra	Utilities Companies	S&P 500
Consensus Rating Score	2.91	2.50	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-6.09% Downside	21.14% Upside	6.42% Upside
News Sentiment Rating	Positive News See Recent SRE News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/7/2024	Wells Fargo & Company 3 of 5 stars	Boost Target	Overweight ➝ Overweight	$87.00 ➝ $96.00	+8.65%
11/7/2024	Evercore ISI 2 of 5 stars	Boost Target	Outperform ➝ Outperform	$84.00 ➝ $88.00	-0.29%
10/24/2024	Jefferies Financial Group 2 of 5 stars	Initiated Coverage	Buy	$98.00	+14.01%
10/21/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$93.00 ➝ $96.00	+12.56%
10/1/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$87.00 ➝ $89.00	+5.66%
9/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$80.00 ➝ $85.00	+2.40%
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9/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$94.00	+15.78%
5/29/2024	LADENBURG THALM/SH SH Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$81.50 ➝ $79.00	+4.79%
5/17/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$79.00 ➝ $86.00	+10.72%
3/6/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$82.00	+15.79%
12/12/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$78.00 ➝ $86.00	+16.34%
10/9/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$86.00 ➝ $76.00	+12.29%
10/4/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$95.00 ➝ $89.00	+34.20%
6/23/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
6/7/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$89.00	+20.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 06:45 PM ET.

Should I Buy Sempra Stock? SRE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, November 24, 2024. Please send any questions or comments about these Sempra pros and cons to contact@marketbeat.com.

Sempra
Bull Case

Here are some ways that investors could benefit from investing in Sempra:

Sempra has recently seen a significant increase in institutional investment, with Jennison Associates LLC growing its stake by 3.5% and acquiring an additional 63,000 shares, indicating strong confidence in the company's future performance.
The stock has a current price of $93.27, which is close to its 12-month high of $93.87, suggesting strong market performance and potential for further appreciation.
Analysts have issued multiple upgrades, with price targets ranging from $85.00 to $98.00, reflecting positive sentiment and expectations for growth in the company's stock value.
With 89.65% of the stock owned by hedge funds and institutional investors, Sempra demonstrates a solid backing from major financial entities, which can provide stability and confidence to retail investors.
The company has a market capitalization of $59.08 billion, indicating it is a large and established player in the utilities sector, which often provides steady returns and dividends.

Sempra
Bear Case

Investors should be bearish about investing in Sempra for these reasons:

Despite the positive outlook, one analyst has issued a sell rating on the stock, which could indicate potential risks or concerns that may affect future performance.
The stock's price-to-earnings (P/E) ratio is 20.57, which may be considered high compared to industry averages, suggesting that the stock could be overvalued and may not provide the expected returns.
With a PEG ratio of 2.53, which compares the P/E ratio to the company's growth rate, it indicates that the stock may be priced high relative to its earnings growth potential, raising concerns about future profitability.
The beta of 0.75 suggests that Sempra is less volatile than the market, which may limit potential gains during bullish market conditions, making it less attractive for aggressive investors.
Recent trading volumes have been lower than average, which could indicate reduced investor interest or liquidity issues, potentially impacting the stock's price stability.

SRE Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Sempra is $89.00, with a high forecast of $98.00 and a low forecast of $79.00.
: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sempra in the last year. There is currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SRE shares.
: According to analysts, Sempra's stock has a predicted downside of -4.59% based on their 12-month stock forecasts.
: Sempra has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Evercore ISI, Jefferies Financial Group, Morgan Stanley, and Wells Fargo & Company in the past 90 days.
: Analysts like Sempra more than other "utilities" companies. The consensus rating for Sempra is Moderate Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how SRE compares to other companies.

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This page (NYSE:SRE) was last updated on 11/26/2024 by MarketBeat.com Staff

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Sempra (SRE) Stock Forecast & Price Target