Is It Worth Investing in Sea Limited (SE) Based on Wall Street's Bullish Views? [Yahoo! Finance]
Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE)
Last sea limited american depositary shares, each representing one class a ordinary share earnings: 3/3 06:30 am
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Source: Yahoo! Finance
While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Sea Limited Sponsored ADR (SE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Sea Limited currently has an average brokerage recommendation (ABR) of 1.24, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 19 brokerage firms. An ABR of 1.24 approximates between Strong Buy and Buy. Of the 19 recommendations that derive the current ABR, 16 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 84.2% and 5.3% of all recommendations. Brokerage Recommendation Trends for SE Check price target & stock forecast for Sea Limited here The ABR suggests buying Sea Limited, but making an investment decision solely
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- Sea Limited (NYSE: SE) had its price target raised by analysts at Bank of America Co. from $84.00 to $96.00. They now have a "buy" rating on the stock.MarketBeat
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- 8/13/24 - Miss