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Stock Update (NYSE:SRE): SHAREHOLDER ALERT: Lundin Law PC Announces Investigation Of Sempra Energy And Urges Investors To Contact the Firm

[Business Wire] – Lundin Law PC announces it is investigating claims against Sempra Energy concerning possible violations of federal securities laws. The investigation is related to allegations that certain statements issued by Sempra were false and misleading and/or failed to disclose material information regarding the Company’s financial performance. Read more on this. Sempra Energy (SRE) , currently valued at $25.53B, opened at $100.81. Looking at the equity, the company’s one day range is $100.49 to $103.25 with the price of the stock fluctuating between $86.72 to $112.90 over the last 52 weeks. Sempra (SRE) shares are currently priced at 19.69x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.16x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $3.02 per share annually in dividends, yielding 3.02%. Consensus earnings for the current quarter by the 6 sell-side analysts covering the stock is an estimate of $1.66 per share, which would be $0.05 worse than the year-ago quarter and a $0.22 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $5.11, which would be a $0.10 setback when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.94 Billion. If reported, that would be a 9.70% increase over the year-ago quarter. Recently, UBS Initiated SRE at Buy (Apr 14, 2014). Previously, Barclays upgraded SRE from Equal Weight to Overweight. The average price target for SRE shares by the analysts covering it is $113.42, which is 12.51% above where the stock opened. See more in (NYSE:SRE) Similar Articles: Company Update (NYSE:SRE): SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Sempra Energy and Certain Officers – SRE 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 Company Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Shareholders of Sempra Energy – SRE
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