Brokerage Firm Rating Update on SeaWorld Entertainment (SEAS)

SeaWorld Entertainment (SEAS) : 3 brokerage houses believe that SeaWorld Entertainment (SEAS) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on SeaWorld Entertainment (SEAS). Zacks Investment Research suggests a Strong Sell with a rank of 5. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 8 Wall Street Analysts endorse the stock as a Hold with a rating of 2.63.

SeaWorld Entertainment (SEAS) : The highest level SeaWorld Entertainment (SEAS) is projected to reach is $17 for the short term and the lowest estimate is at $12. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $14.5 and the possibility the share price can swing is $1.71.


Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of SeaWorld Entertainment (NYSE:SEAS). Citigroup has a Neutral rating on the shares. As per the latest research report, the brokerage house lowers the price target to $14 per share from a prior target of $15. The rating by the firm was issued on August 16, 2016.

SeaWorld Entertainment (NYSE:SEAS): The stock opened at $13.07 and touched an intraday high of $13.14 on Wednesday. During the day, the stock corrected to an intraday low of $12.965, however, the bulls stepped in and pushed the price higher to close in the green at $13.11 with a gain of 0.54% for the day. The total traded volume for the day was 763,120. The stock had closed at $13.04 in the previous trading session.

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.