Sea Limited (NYSE:SE) Receives Average Rating of "Moderate Buy" from Analysts

Shares of Sea Limited (NYSE:SE - Get Free Report) have received an average recommendation of "Moderate Buy" from the fifteen ratings firms that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $125.43.

Several research analysts recently weighed in on the company. Arete Research upgraded SEA to a "strong-buy" rating in a research report on Sunday, March 23rd. Barclays boosted their price objective on SEA from $148.00 to $182.00 and gave the company an "overweight" rating in a research report on Friday, March 7th. Benchmark boosted their price objective on SEA from $130.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, March 5th. Wedbush reaffirmed an "outperform" rating and issued a $135.00 price target on shares of SEA in a research note on Tuesday, April 15th. Finally, JPMorgan Chase & Co. downgraded SEA from an "overweight" rating to a "neutral" rating and reduced their price objective for the company from $160.00 to $135.00 in a research note on Wednesday, April 16th.

Institutional Investors Weigh In On SEA

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. increased its position in SEA by 39.7% during the first quarter. Principal Financial Group Inc. now owns 162,286 shares of the Internet company based in Singapore's stock worth $21,177,000 after purchasing an additional 46,085 shares during the last quarter. First Horizon Advisors Inc. increased its position in shares of SEA by 92.1% during the first quarter. First Horizon Advisors Inc. now owns 2,004 shares of the Internet company based in Singapore's stock valued at $262,000 after acquiring an additional 961 shares during the last quarter. Krane Funds Advisors LLC increased its position in shares of SEA by 23.8% during the first quarter. Krane Funds Advisors LLC now owns 5,995 shares of the Internet company based in Singapore's stock valued at $782,000 after acquiring an additional 1,154 shares during the last quarter. Aaron Wealth Advisors LLC increased its position in shares of SEA by 4.6% during the first quarter. Aaron Wealth Advisors LLC now owns 2,990 shares of the Internet company based in Singapore's stock valued at $390,000 after acquiring an additional 131 shares during the last quarter. Finally, Pictet North America Advisors SA acquired a new stake in shares of SEA during the first quarter valued at about $217,000. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Trading Up 2.0 %

Shares of NYSE:SE opened at $130.30 on Tuesday. The business has a 50-day moving average price of $125.00 and a 200-day moving average price of $116.18. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The stock has a market cap of $74.58 billion, a price-to-earnings ratio of 868.67 and a beta of 1.73. SEA has a 52-week low of $55.00 and a 52-week high of $147.73.

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.

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