SEEK Limited Stock Rating Lowered by Citigroup Inc. (SEK)
SEEK Limited (ASX:SEK) was downgraded by equities research analysts at Citigroup Inc. from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday, StockRatingsNetwork.com reports.
SEEK Limited (ASX:SEK) traded down 0.41% on Thursday, hitting A$12.100. 692,923 shares of the company’s stock traded hands. SEEK Limited has a one year low of A$0.000 and a one year high of A$0.000. The stock’s 50-day moving average is A$0.0 and its 200-day moving average is A$0.0. The company has a market cap of A$4.086 billion and a P/E ratio of 13.76.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “sell” rating on shares of SEEK Limited (ASX:SEK) in a research note to investors on Tuesday. Four research analysts have rated the stock with a sell rating and one has given a buy rating to the stock. SEEK Limited presently has an average rating of “Sell” and a consensus price target of A$141.00 ($133.02).
SEEK Limited is engaged advertising employment classifieds and related services on the Internet, and provision and distribution of vocational training and higher education courses.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.