SEA (NYSE:SE) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

SEA (NYSE:SE - Get Free Report) had its price target upped by stock analysts at Jefferies Financial Group from $131.00 to $157.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a "buy" rating on the Internet company based in Singapore's stock. Jefferies Financial Group's price target indicates a potential upside of 15.50% from the stock's current price.

Several other research firms also recently weighed in on SE. Phillip Securities reaffirmed a "reduce" rating and issued a $100.00 price objective (up from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Barclays raised their price target on SEA from $131.00 to $148.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. Benchmark raised their price target on SEA from $94.00 to $130.00 and gave the stock a "buy" rating in a research report on Wednesday, November 13th. Wedbush reissued an "outperform" rating and set a $105.00 price target (up previously from $84.00) on shares of SEA in a research report on Monday, November 4th. Finally, Dbs Bank raised SEA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, SEA currently has an average rating of "Moderate Buy" and an average price target of $111.67.

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SEA Price Performance

Shares of SE traded down $3.22 during mid-day trading on Tuesday, hitting $135.93. The company's stock had a trading volume of 7,246,273 shares, compared to its average volume of 4,228,906. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The firm has a 50-day simple moving average of $120.72 and a 200 day simple moving average of $105.81. The firm has a market capitalization of $77.80 billion, a P/E ratio of 906.18 and a beta of 1.55. SEA has a 1-year low of $51.70 and a 1-year high of $147.73.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SE. State of Wyoming lifted its stake 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 worth $319,000 after purchasing an additional 90 shares in the last quarter. Covenant Partners LLC lifted its stake 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 worth $451,000 after purchasing an additional 101 shares in the last quarter. Farther Finance Advisors LLC lifted its stake 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 worth $39,000 after purchasing an additional 112 shares in the last quarter. SOA Wealth Advisors LLC. lifted its stake 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 worth $57,000 after purchasing an additional 150 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its stake 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 worth $57,000 after purchasing an additional 152 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

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.