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Stock Update: Sempra Energy (NYSE:SRE) – IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces An Ongoing Investigation of Claims Against Sempra Energy And Strongly Encourages With Losses In Excess of $300,000 To Contact The Firm

[Business Wire] – Goldberg Law PC announces that it is investigating claims of potential misrepresentations by Sempra Energy . The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors. Read more on this. Sempra Energy (SRE) , valued at $24.10B, opened this morning at $95.44. A quick look at the market, the company’s stock traded between $95.35 and $97.73 with its 52-week range being $86.72 to $112.90. SRE shares are currently priced at 18.84x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 12.92x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $2.80 per share annually in dividends, yielding 2.95%. Consensus earnings for the current quarter by the 10 sell-side analysts covering the stock is an estimate of $1.32 per share, which would be $0.09 better than the year-ago quarter and a $0.01 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.06 would be a $0.35 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.81 Billion. If realized, that would be a 38.55% increase over the year-ago quarter. In terms of ratings, UBS Initiated SRE at Buy (Apr 14, 2014). Previously, Barclays upgraded SRE from Equal Weight to Overweight. Given all the information above, we should disclose to readers that the average price target is $116.60, which is 22.17% above than it opened this morning. See more in (NYSE:SRE) Similar Articles: Stock Update: Sempra Energy (NYSE:SRE) – Scott+Scott, Attorneys at Law, LLP Announces Investigation of Sempra Energy Company Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Shareholders of Sempra Energy – SRE Company Update: Sempra Energy (NYSE:SRE) – Sempra U.S. Gas & Power Receives Renewable Energy Award at National Clean Energy Summit
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