Sea Limited (SE) Given Average Rating of “Buy” by Analysts

Sea Limited (NYSE:SE) has been given an average recommendation of “Buy” by the six research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $18.67.

A number of research firms have recently weighed in on SE. Cowen and Company began coverage on shares of Sea Limited in a report on Tuesday, November 14th. They set an “outperform” rating and a $18.00 target price for the company. Stifel Nicolaus began coverage on shares of Sea Limited in a report on Tuesday, November 14th. They set a “buy” rating and a $19.00 target price for the company. Piper Jaffray Companies began coverage on shares of Sea Limited in a report on Tuesday, November 14th. They set an “overweight” rating and a $18.00 target price for the company. Citigroup Inc. began coverage on shares of Sea Limited in a report on Thursday, November 16th. They set a “buy” rating and a $19.00 target price for the company. Finally, Goldman Sachs Group, Inc. (The) began coverage on shares of Sea Limited in a report on Tuesday, November 14th. They set a “buy” rating and a $22.00 target price for the company.

A hedge fund recently bought a new stake in Sea Limited stock. Chicago Partners Investment Group LLC acquired a new position in Sea Limited (NYSE:SE) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 41,329 shares of the pipeline company’s stock, valued at approximately $1,698,000. 68.67% of the stock is currently owned by institutional investors and hedge funds.

Sea Limited (NYSE SE) traded down $0.71 during trading on Thursday, hitting $14.78. 1,375,615 shares of the stock were exchanged, compared to its average volume of 1,594,095. The company has a quick ratio of 0.40, a current ratio of 0.47 and a debt-to-equity ratio of 1.15. Sea Limited has a one year low of $13.62 and a one year high of $16.99.

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About Sea Limited

Sea Limited, formerly Garena Interactive Holding Limited, is a Singapore-based Internet and mobile platform company. The Company is a platform provider for online personal computer (PC) and mobile digital content, e-commerce and payments across Asia. The Company offers Garena+, an online platform for people to meet, chat and play games with each other.

Analyst Recommendations for Sea Limited (NYSE:SE)

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