Analyst Rating Update on SeaWorld Entertainment (SEAS)

SeaWorld Entertainment (SEAS) : Zacks Investment Research ranks SeaWorld Entertainment (SEAS) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 2.57, which indicates as a Hold.

SeaWorld Entertainment (SEAS) : 7 investment research analysts covering SeaWorld Entertainment (SEAS) have an average price target of $18.57 for the near short term. The highest target price given by the Brokerage Firm to the stock is $23 and the lowest target is $16 for the short term. Analysts expect the variance to be within $2.94 of the average price.

Company shares have received an average consensus rating of Hold for the current week Also, Credit Suisse downgrades their rating on the shares of SeaWorld Entertainment (NYSE:SEAS). The current rating of the shares is Underperform. Earlier, the shares were rated a Outperform by the brokerage firm. Equity Analysts at the Firm lowers the price target to $15 per share from $27 per share. The rating by the firm was issued on May 11, 2016.


SeaWorld Entertainment (NYSE:SEAS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.35 and $14.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.84, notching a gain of 3.27% for the day. The total traded volume was 3,079,561 . The stock had closed at $14.37 on the previous day.

SeaWorld Entertainment, Inc. (SeaWorld) is a theme park and entertainment company. It owns or licenses a portfolio of brands including SeaWorld, Shamu and Busch Gardens. It has 11 destination and regional theme parks that are located across the United States. Its theme parks feature an array of rides, shows and other attractions. The Company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas, and San Diego, California, and Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. The Company operates water park attractions in Orlando, Florida (Aquatica); San Diego, California (Aquatica); Tampa, Florida (Adventure Island), and Williamsburg, Virginia (Water Country USA). The Company also operates a reservations-only attraction offering interaction with marine animals (Discovery Cove) and a seasonal park in Langhorne, Pennsylvania (Sesame Place).

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.