SEA (NYSE:SE) Price Target Raised to $157.00

SEA (NYSE:SE) had its target price upped by Jefferies Financial Group from $131.00 to $157.00 in a report issued on Tuesday morning,Benzinga reports. Jefferies Financial Group currently has a buy rating on the Internet company based in Singapore’s stock.

A number of other brokerages have also recently commented on SE. Benchmark raised their target price on SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Dbs Bank raised SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. TD Cowen raised their target price on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a report on Wednesday, November 13th. Barclays raised their target price on SEA from $131.00 to $148.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $105.00 target price (up from $84.00) on shares of SEA in a report on Monday, November 4th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, SEA currently has an average rating of “Moderate Buy” and a consensus price target of $104.64.

SEA Stock Performance

SE stock opened at $139.46 on Tuesday. The company has a market cap of $79.82 billion, a P/E ratio of 929.73 and a beta of 1.55. SEA has a 1 year low of $51.70 and a 1 year high of $147.73. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The stock’s fifty day moving average price is $120.13 and its 200-day moving average price is $105.58.

Institutional Investors Weigh In On SEA

Institutional investors and hedge funds have recently bought and sold shares of the business. State of Wyoming boosted its position in shares of SEA by 3.1% during the fourth quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore’s stock valued at $319,000 after buying an additional 90 shares during the period. Covenant Partners LLC boosted its position in shares of SEA by 2.4% during the fourth quarter. Covenant Partners LLC now owns 4,248 shares of the Internet company based in Singapore’s stock valued at $451,000 after buying an additional 101 shares during the period. Farther Finance Advisors LLC boosted its position in shares of SEA by 43.8% during the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore’s stock valued at $39,000 after buying an additional 112 shares during the period. SOA Wealth Advisors LLC. boosted its position in shares of SEA by 33.3% during the third quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore’s stock valued at $57,000 after buying an additional 150 shares during the period. Finally, TD Private Client Wealth LLC boosted its position in shares of SEA by 33.7% during the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock valued at $57,000 after buying an additional 152 shares during the period. 59.53% of the stock is owned by institutional investors.

SEA Company Profile

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.