1 Wall Street Analyst Thinks Sea Limited Stock Can Reach $87. Is It a Buy at About $68?
A solid first-quarter report recently boosted shares of Sea Limited (NYSE: SE). The company also convinced several Wall Street analysts that its business is worth more than its market valuation.
Benchmark analyst Fawne Jiang recently raised her price target for the e-commerce, entertainment, and finance conglomerate to $87 per share. The new target implies a gain of about 31% from recent prices.
Sea Limited stock is still miles below the peak it reached in 2021, but Jiang has plenty of reasons to expect big gains ahead. The company's e-commerce division reported first-quarter gross merchandise volume that soared 36% year over year, thanks to its unmatched logistical capability.
Source Fool.com
Benchmark El. Inc. Stock
€37.20
-0.530%
Currently there is a rather positive sentiment for Benchmark El. Inc. with 4 Buy predictions and 0 Sell predictions.
However, we have a potential of -0.54% for Benchmark El. Inc. as the target price of 37 € is below the current price of 37.2 €.
