Sempra Energy (NYSE:SRE) is increasingly gaining attention from investors and analysts.
Dakota Wealth Management and
Foundations Investment Advisors LLC have notably grown their positions in Sempra, and
Ausbil Investment Management Ltd have purchased 117,058 shares. Similarly,
OmniStar Financial Group Inc., and
Santuary Advisors LLC have also significantly invested in the company. Despite the debt load weighing down the company, prominent financial firms like
Jefferies initiated a Buy positioning suggesting strong growth potential. A break from traditional trends, Sempra's stock significantly outperformed its competitors on a strong trading day. The energy corporation is expected to report the third-quarter earnings for 2024 on November 6 and despite some missed estimates in quarterly earnings, the stock reports rising relative strength. The company's stock reached a new 52-week high, inviting suggestions to buy. Meanwhile,
Raymond James & Associates increased their stock holdings and
BMO Capital Markets raised their price target to $96.00 for Sempra shares. Their partnership with
Aramco signifies Sempra's continued business expansion. Despite a few hiccups, the company's overall financial health, significant business developments as well as the recognition for their sustainable business practices indicates upward trajectory.
Sempra SRE News Analytics from Thu, 01 Feb 2024 08:00:00 GMT to Sat, 26 Oct 2024 09:40:49 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor -3
