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Company Update (NYSE:SRE): SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in Sempra Energy to Contact the Firm Before Lead Plaintiff Deadline

[Marketwired] – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Sempra Energy of the April 29, 2016 deadline to seek the role of lead plaintiff in a federal securities class action…… Read more on this. Sempra Energy (SRE) , currently valued at $25.76B, opened at $102.73. Today, shares have traded between $102.38 and $103.82 per share with a trailing 52-week range being $86.72 to $110.31. SRE shares are currently priced at 21.14x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 17.04x earnings multiple. The company pays shareholders $3.02 per share annually in dividends, yielding 2.87%. Consensus earnings for the current quarter by the 7 sell-side analysts covering the stock is an estimate of $1.67 per share, which would be $0.04 worse than the year-ago quarter and a $0.21 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $5.01 is a $0.20 setback when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.05 Billion. If reported, that would be a 13.81% 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 $115.00, which is 11.94% above than it opened this morning. See more in (NYSE:SRE) Similar Articles: Market Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notify Investors of Class Action Involving Sempra Energy and a Lead Plaintiff Deadline of May 2, 2016 – SRE Company Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Sempra Energy of Commencement of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 – SRE Market Update (NYSE:SRE): SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Sempra Energy of Commencement of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 – SRE
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