Sempra SRE has been basking in the attention of investors and analysts due to recent share price movements. The company's efforts in the grid investment and energy transition have been scrutinized for fair valuation as well as strategic positioning for long-term growth. Sempra has implicitly gained the approval of Wall Street as financial giants such as
Bank of New York Mellon Corp and
New York State Common Retirement Fund have held significant positions. However, certain transactions and regulatory charges impacting valuation have sent mixed signals to investors. The company's $471 million after-tax impact to earnings from a proposed decision has rearranged its investment outlook. Despite a decline in the share price recently, the stock is still forecasted to rebound backed by its strategic initiatives such as the extension of the off-take agreement with
ConocoPhillips for Port Arthur LNG phase 2.
Jennison Associates LLC,
Allstate Corp, and
Maryland State Retirement & Pension System among others have increased their stakes which suggests a positive outlook for the stock. Although analysts from KeyBanc, Jefferies, Barclays and UBS have maintained HOLD rating and reduced the target price,
Morgan Stanley has maintained a BUY rating indicating potential upside.
Sempra SRE News Analytics from Thu, 01 May 2025 07:00:00 GMT to Sat, 31 Jan 2026 19:00:05 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor -4
