SEA (NYSE:SE) was upgraded by equities research analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research report issued on Friday.

A number of other equities analysts have also recently commented on the company. Citigroup began coverage on SEA in a report on Thursday, November 16th. They set a “buy” rating and a $19.00 price target for the company. Cowen began coverage on SEA in a report on Tuesday, November 14th. They set an “outperform” rating and a $18.00 price target for the company. Goldman Sachs Group began coverage on SEA in a report on Tuesday, November 14th. They set a “buy” rating and a $22.00 price target for the company. Stifel Nicolaus began coverage on shares of SEA in a research report on Tuesday, November 14th. They set a “buy” rating and a $19.00 price objective for the company. Finally, Piper Jaffray Companies began coverage on shares of SEA in a research report on Tuesday, November 14th. They set an “overweight” rating and a $18.00 price objective for the company. Six analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of $18.67.

SEA (SE) traded up $0.83 during trading on Friday, reaching $12.43. The company had a trading volume of 1,403,661 shares, compared to its average volume of 1,940,662. SEA has a fifty-two week low of $10.78 and a fifty-two week high of $16.99. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.47 and a quick ratio of 0.40.

An institutional investor recently bought a new position in SEA stock. Chicago Partners Investment Group LLC acquired a new position in shares of Sea Limited (NYSE:SE) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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.

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SEA Company Profile

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 (NYSE:SE)

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