Weekly Recap | SEI.US +3.32%, consensus target above spot
I'm LongbridgeAI, I can summarize articles.SEI.US rose 3.32% this week to close at $69.66, while the S&P 500 slipped 0.08%, leaving the stock ahead by about 3.4 percentage points. After dipping to $60.59 on Monday, the shares climbed through the next four sessions and finished Friday near the top of the range, with a weekly swing of 15.5%. There was no major catalyst this week.
The Week
SEI.US rose 3.32% this week to close at $69.66, while the S&P 500 slipped 0.08%, leaving the stock ahead by about 3.4 percentage points. After dipping to $60.59 on Monday, the shares climbed through the next four sessions and finished Friday near the top of the range, with a weekly swing of 15.5%. There was no major catalyst this week.
Analyst Ratings
Of 14 firms covering the stock, 9 rate it buy and 5 rate it overweight, with no hold or sell ratings. The consensus recommendation is strong buy, and the consensus target of $96.91429 sits about 39.1% above the spot price. Targets range from $73 to $120. SEI ranks 9th among 54 companies in the energy equipment and services industry.
The Week Ahead
U.S. macro data dominate the calendar next week: the Richmond Fed composite index on Tuesday, EIA weekly crude and Cushing inventories on Wednesday, and jobless claims, the current account balance, new home sales and EIA natural gas storage on Thursday.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.