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Spectra Energy Corp. (NYSE:SE) target price raised to $22.00, issued a report today by Goldman Sachs

Spectra Energy Corp. (NYSE:SE) had its target price raised to $22.00 by Goldman Sachs in a report released 11/14/2017. The new target price indicates a possible upside of 0.47% based on the company's last stock close price.

Previously on 1/14/2016, Jefferies & Co reported about Spectra Energy Corp. (NYSE:SE) raised the target price from $0.00 to $26.00. At the time, this indicated a possible upside of 0.03%.

Yesterday Spectra Energy Corp. (NYSE:SE) traded -0.40% lower at $15.00. The company’s 50-day moving average is $38.59 and its 200-day moving average is $34.15. The last stock close price is down 23.88% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 2,966,576 shares of the stock were exchanged, down from an average trading volume of 5,642,360

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Spectra Energy Corp. (NYSE:SE)

Spectra Energy Corp. has a 52 week low of $21.43 and a 52 week high of $44.00 with a P/E ratio of 97.71 The company’s market cap is currently $0.

In addition to Goldman Sachs reporting its target price, a total of 15 firms have reported on the stock. The consensus target price is $33.47 with 3 firms rating the stock a strong buy, 2 firms rating the stock a buy, 12 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Spectra Energy Corp. (NYSE:SE)

Sea Limited, formerly Garena Interactive Holding Limited, is an Internet company. The Company operates through three segments: digital entertainment, e-commerce and digital financial services. The Company has developed an integrated platform consisting of digital entertainment focused on online games, e-commerce, and digital financial services focused on e-wallet services. Its platforms include Garena, Shopee, and AirPay. Garena provides access to engaging mobile and personal computer (PC) online games, live streaming game play, as well as social features such as user chat and online forums. Shopee is an e-commerce marketplace where users come together to browse, shop and sell on-the-go, anytime, anywhere. AirPay App is the Company's digital financial services business that provides e-wallet services to consumers through the AirPay App and to small businesses through the AirPay counter application.

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