Citi Remains a Hold on Sempra Energy (SRE)

In a report released today, Ryan Levine from Citi maintained a Hold rating on Sempra Energy, with a price target of $99.00.

TipRanks Black Friday Sale

• Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
• Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off

According to TipRanks, Levine is a 4-star analyst with an average return of 6.2% and a 59.22% success rate. Levine covers the Utilities sector, focusing on stocks such as Eversource Energy, PG&E, and American Electric Power.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sempra Energy with a $101.00 average price target.

Based on Sempra Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.18 billion and a net profit of $95 million. In comparison, last year the company earned a revenue of $2.68 billion and had a net profit of $649 million

Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SRE in relation to earlier this year. Earlier this month, Dyan Z. Wold, the VP, Controller and CAO of SRE sold 1,510.00 shares for a total of $137,983.80.