Shares of Sea Ltd (NYSE:SE) have been given an average recommendation of “Buy” by the six analysts that are covering the company, Marketbeat reports. Six analysts have rated the stock with a buy recommendation. The average 12-month price objective among analysts that have covered the stock in the last year is $19.20.

A number of brokerages have commented on SE. Cowen began coverage on shares of SEA in a research note on Tuesday, November 14th. They issued an “outperform” rating and a $18.00 price target for the company. Citigroup began coverage on shares of SEA in a research note on Thursday, November 16th. They issued a “buy” rating and a $19.00 price target for the company. Goldman Sachs Group began coverage on shares of SEA in a research note on Tuesday, November 14th. They issued a “buy” rating and a $22.00 price target for the company. Stifel Nicolaus began coverage on shares of SEA in a research note on Tuesday, November 14th. They issued a “buy” rating and a $19.00 price target for the company. Finally, Morgan Stanley began coverage on shares of SEA in a research note on Tuesday, November 14th. They issued an “equal weight” rating and a $16.00 price target for the company.

An institutional investor recently bought a new position in SEA stock. Bahl & Gaynor Inc. acquired a new stake in Sea Ltd (NYSE:SE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,578,991 shares of the pipeline company’s stock, valued at approximately $147,061,000. SEA accounts for about 1.8% of Bahl & Gaynor Inc.’s investment portfolio, making the stock its 14th biggest position. Institutional investors and hedge funds own 68.67% of the company’s stock.

Shares of SEA (SE) traded down $0.50 during mid-day trading on Friday, reaching $13.00. 703,700 shares of the company’s stock were exchanged, compared to its average volume of 690,200. 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 has a 12-month low of $10.78 and a 12-month high of $16.99.

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About SEA

Sea Limited, formerly Garena Interactive Holding Limited, is an Internet company. The Company operates through three segments: digital entertainment, e-commerce and digital financial services. The Company has developed an integrated platform consisting of digital entertainment focused on online games, e-commerce, and digital financial services focused on e-wallet services.

Analyst Recommendations for SEA (NYSE:SE)

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