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

[Accesswire] – NEW YORK, NY / ACCESSWIRE / March 16, 2016 / The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Sempra Energy … Read more on this. Sempra Energy (SRE) , valued at $24.72B, started the session at $99.37. A quick look at the market, the company’s stock traded between $98.86 and $100.12 and has traded between $86.72 and $112.90 over the past year. SRE shares are currently priced at 19.39x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.16x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $3.02 per share annually in dividends, yielding 3.04%. According to a consensus of 5 analysts, the earnings estimate of $1.69 per share would be $0.02 worse than the year-ago quarter and a $0.19 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $5.13 is a $0.08 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.94 Billion. If realized, 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. Given all the information above, we should disclose to readers that the average price target is $113.42, which is 14.14% above than it opened this morning. See more in (NYSE:SRE) Similar Articles: Company Update: Sempra Energy (NYSE:SRE) – INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Sempra Energy of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 — SRE Company Update (NYSE:FCX): INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Freeport-McMoRan Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of March 28, 2016 – FCX Stock Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Freeport-McMoRan Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of March 28, 2016 — FCX