Sea Limited (NYSE:SE) Given Consensus Rating of “Moderate Buy” by Analysts

Sea Limited (NYSE:SE) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $111.67.

SE has been the subject of a number of recent research reports. Dbs Bank raised shares of SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Benchmark lifted their price objective on shares of SEA from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Phillip Securities restated a “reduce” rating and set a $100.00 target price (up from $80.00) on shares of SEA in a research report on Tuesday, November 19th. Jefferies Financial Group increased their price target on shares of SEA from $131.00 to $157.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Finally, TD Cowen boosted their price objective on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research note on Wednesday, November 13th.

Institutional Investors Weigh In On SEA

Institutional investors have recently made changes to their positions in the company. WCM Investment Management LLC lifted its holdings in shares of SEA by 35.9% in the 3rd quarter. WCM Investment Management LLC now owns 20,902,378 shares of the Internet company based in Singapore’s stock worth $1,971,303,000 after acquiring an additional 5,517,559 shares during the last quarter. Perpetual Ltd lifted its holdings in SEA by 3,033.0% during the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore’s stock valued at $222,598,000 after buying an additional 2,031,038 shares in the last quarter. Ninety One UK Ltd lifted its holdings in SEA by 1,673.2% during the 4th quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore’s stock valued at $131,977,000 after buying an additional 1,173,738 shares in the last quarter. M&T Bank Corp lifted its holdings in SEA by 2,163.9% during the 3rd quarter. M&T Bank Corp now owns 74,505 shares of the Internet company based in Singapore’s stock valued at $7,024,000 after buying an additional 71,214 shares in the last quarter. Finally, Atria Investments Inc lifted its holdings in SEA by 262.5% during the 3rd quarter. Atria Investments Inc now owns 14,621 shares of the Internet company based in Singapore’s stock valued at $1,378,000 after buying an additional 10,588 shares in the last quarter. Institutional investors own 59.53% of the company’s stock.

SEA Stock Performance

NYSE SE opened at $135.93 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. SEA has a 1-year low of $51.70 and a 1-year high of $147.73. The business has a 50 day simple moving average of $121.27 and a two-hundred day simple moving average of $106.53. The stock has a market capitalization of $77.80 billion, a PE ratio of 906.18 and a beta of 1.62.

About SEA

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.