SEA (NYSE:SE) Price Target Raised to $148.00

SEA (NYSE:SE) had its target price upped by stock analysts at Barclays from $131.00 to $148.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the Internet company based in Singapore’s stock. Barclays‘s price objective suggests a potential upside of 19.55% from the company’s current price.

SE has been the topic of several other research reports. Wedbush reiterated an “outperform” rating and set a $105.00 price objective (up previously from $84.00) on shares of SEA in a research report on Monday, November 4th. Dbs Bank raised shares of SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Benchmark raised their price objective on SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. TD Cowen increased 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. Finally, Phillip Securities reissued a “reduce” rating and issued a $100.00 target price (up from $80.00) on shares of SEA in a report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $92.43.

SEA Stock Down 2.7 %

SEA stock opened at $123.80 on Wednesday. The company’s 50-day moving average price is $117.75 and its two-hundred day moving average price is $103.45. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The stock has a market cap of $70.86 billion, a P/E ratio of 825.34 and a beta of 1.55. SEA has a twelve month low of $44.71 and a twelve month high of $139.18.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SE. Private Trust Co. NA lifted its holdings in shares of SEA by 474.4% in the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore’s stock valued at $26,000 after buying an additional 204 shares during the period. Rosenberg Matthew Hamilton increased its position in shares of SEA by 213.7% during the third quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock worth $28,000 after purchasing an additional 203 shares in the last quarter. Kestra Investment Management LLC acquired a new position in SEA during the fourth quarter worth about $34,000. Farther Finance Advisors LLC boosted its position in shares of SEA by 43.8% during the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore’s stock valued at $39,000 after acquiring an additional 112 shares during the last quarter. Finally, Banque Transatlantique SA purchased a new stake in SEA in the fourth quarter valued at $39,000. 59.53% of the stock is currently owned by hedge funds and other 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.