SEA (NYSE:SE) Given New $157.00 Price Target at Jefferies Financial Group

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

Several other equities research analysts have also recently weighed in on the company. Wedbush restated an “outperform” rating and set a $105.00 target price (up from $84.00) on shares of SEA in a research note on Monday, November 4th. Barclays upped their target price on SEA from $131.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. TD Cowen upped their target price on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research note on Wednesday, November 13th. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 13th. Finally, Phillip Securities reiterated a “reduce” rating and issued a $100.00 price target (up from $80.00) on shares of SEA in a research note on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $96.73.

SEA Trading Up 7.4 %

Shares of NYSE:SE opened at $132.58 on Tuesday. The company has a market capitalization of $75.88 billion, a P/E ratio of 883.89 and a beta of 1.55. SEA has a 1 year low of $51.70 and a 1 year high of $139.18. 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 business’s 50 day simple moving average is $119.00 and its 200 day simple moving average is $104.91.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SE. Baillie Gifford & Co. grew its holdings in SEA by 3.5% during the 4th quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore’s stock worth $4,345,278,000 after acquiring an additional 1,390,531 shares during the period. WCM Investment Management LLC grew its holdings in SEA by 22.8% during the 4th quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore’s stock worth $2,758,331,000 after acquiring an additional 4,761,289 shares during the period. Norges Bank acquired a new stake in SEA during the 4th quarter worth about $1,493,682,000. Capital Research Global Investors grew its holdings in SEA by 19.5% during the 4th quarter. Capital Research Global Investors now owns 8,126,064 shares of the Internet company based in Singapore’s stock worth $862,175,000 after acquiring an additional 1,325,183 shares during the period. Finally, Geode Capital Management LLC grew its holdings in SEA by 4.6% during the 4th quarter. Geode Capital Management LLC now owns 3,201,601 shares of the Internet company based in Singapore’s stock worth $335,084,000 after acquiring an additional 142,080 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.