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Market Update (NYSE:SRE): The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Sempra Energy Investors and Encourages Investors to Contact the Firm

[Business Wire] – Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Sempra Energy securities between May 14, 2015 and November 23, 2015, inclusive . Read more on this. Sempra Energy (SRE) , with a current market cap of $25.88B, started the session at $104.70. Looking at the equity, the company’s one day range is $103.10 to $104.70 with the price of the stock fluctuating between $86.72 to $111.09 over the last 52 weeks. SRE shares are currently priced at 20.07x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.94x earnings multiple. The company pays shareholders $3.02 per share annually in dividends, yielding 2.94%. In a review of the consensus earnings estimate this quarter, 6 sell-side analysts are looking at $1.66 per share, which would be $0.05 worse than the year-ago quarter and a $0.22 sequential decrease. The full-year EPS estimate is $5.11, which would be a $0.10 better than last year. 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. More recently, UBS Initiated SRE at Buy (Apr 14, 2014). Previously, Barclays upgraded SRE from Equal Weight to Overweight. When considering if perhaps the stock is under or overvalued, the average price target is $114.33, which is 9.20% above where the stock opened this morning. See more in (NYSE:SRE) Similar Articles: Company Update (NYSE:FCX): Investor Alert: The Law Offices of Howard G. Smith Announces The Filing Of A Securities Class Action On Behalf Of Freeport-McMoRan Inc. Investors Market Update (NYSE:BA): The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of The Boeing Company Investors, Investors With Over $1 million In Boeing Investment Losses Are Encouraged To Contact The Firm. 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
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