SEA (NYSE:SE) Stock Price Expected to Rise, Barclays Analyst Says

SEA (NYSE:SE - Free Report) had its price objective raised by Barclays from $148.00 to $182.00 in a research report report published on Friday morning,Benzinga reports. The firm currently has an overweight rating on the Internet company based in Singapore's stock.

SE has been the subject of a number of other research reports. Phillip Securities reissued a "reduce" rating and issued a $100.00 price objective (up previously from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Dbs Bank upgraded SEA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, November 13th. TD Cowen raised their price objective on SEA from $69.00 to $100.00 and gave the company a "hold" rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. boosted their target price on shares of SEA from $133.00 to $160.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, Benchmark increased their price target on shares of SEA from $130.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $111.67.

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SEA Stock Down 2.3 %

Shares of SE stock traded down $3.22 on Friday, hitting $135.93. The stock had a trading volume of 7,246,273 shares, compared to its average volume of 4,228,906. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. SEA has a one year low of $51.70 and a one year high of $147.73. The business has a 50 day moving average price of $121.27 and a 200 day moving average price of $106.36. The company has a market cap of $77.80 billion, a PE ratio of 906.18 and a beta of 1.62.

Institutional Trading of SEA

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State of Wyoming boosted its stake in shares of SEA by 3.1% during the 4th quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore's stock worth $319,000 after acquiring an additional 90 shares in the last quarter. Covenant Partners LLC grew its holdings in SEA by 2.4% in 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 purchasing an additional 101 shares during the period. Farther Finance Advisors LLC increased its position in shares of SEA by 43.8% in 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 in the last quarter. SOA Wealth Advisors LLC. raised its stake in shares of SEA by 33.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock worth $57,000 after buying an additional 150 shares during the period. Finally, TD Private Client Wealth LLC raised its stake in shares of SEA by 33.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore's stock worth $57,000 after buying an additional 152 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

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.