Bilibili (NASDAQ:BILI - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.
A number of other equities research analysts also recently commented on BILI. Benchmark boosted their target price on Bilibili from $24.00 to $30.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Hsbc Global Res raised Bilibili to a "strong-buy" rating in a research note on Wednesday, May 21st. Nomura Securities cut Bilibili from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 25th. HSBC upgraded Bilibili from a "hold" rating to a "buy" rating and increased their price objective for the company from $21.50 to $22.50 in a report on Wednesday, May 21st. Finally, Barclays raised their target price on Bilibili from $24.00 to $25.00 and gave the stock an "overweight" rating in a research note on Friday, February 21st. Three equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $21.24.
View Our Latest Analysis on BILI
Bilibili Price Performance
Shares of Bilibili stock traded down $0.08 during trading hours on Friday, hitting $19.04. The company's stock had a trading volume of 444,424 shares, compared to its average volume of 6,346,591. The business has a 50 day moving average price of $17.74 and a two-hundred day moving average price of $18.74. Bilibili has a 12-month low of $12.72 and a 12-month high of $31.77. The company has a market cap of $7.93 billion, a PE ratio of -42.38 and a beta of 0.93. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.34.
Institutional Investors Weigh In On Bilibili
A number of large investors have recently made changes to their positions in BILI. Avior Wealth Management LLC grew its position in Bilibili by 1,817.7% in the fourth quarter. Avior Wealth Management LLC now owns 1,515 shares of the company's stock worth $27,000 after acquiring an additional 1,436 shares during the period. SVB Wealth LLC acquired a new stake in Bilibili in the first quarter valued at $31,000. FNY Investment Advisers LLC acquired a new stake in Bilibili in the first quarter valued at $57,000. Federated Hermes Inc. acquired a new stake in Bilibili in the fourth quarter valued at $55,000. Finally, Blue Trust Inc. raised its stake in Bilibili by 147.8% in the fourth quarter. Blue Trust Inc. now owns 3,179 shares of the company's stock valued at $58,000 after buying an additional 1,896 shares in the last quarter. 16.08% of the stock is currently owned by hedge funds and other institutional investors.
About Bilibili
(
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Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.
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