Bilibili PT Lowered to $24.00 at Barclays

TimothyBarnes
2022-05-05

Bilibili $Bilibili Inc.(BILI)$ had its price target reduced by Barclays from $32.00 to $24.00 in a research note issued to investors on Tuesday, The Fly reports.

Barclays's price target would indicate a potential downside of 1.88% from the stock's current price.A number of other research firms have also weighed in on BILI. Sanford C. Bernstein lowered shares of Bilibili from an "outperform" rating to a "market perform" rating and set a $45.00 target price for the company. in a research report on Tuesday, January 11th. KGI Securities lowered shares of Bilibili from an "outperform" rating to a "neutral" rating in a research report on Thursday, March 24th.

JPMorgan Chase & Co. lowered shares of Bilibili from an "overweight" rating to an "underweight" rating and set a $15.00 target price for the company. in a research report on Monday, March 14th. Benchmark cut their target price on shares of Bilibili from $86.00 to $75.00 and set a "buy" rating for the company in a research report on Friday, March 4th. Finally, The Goldman Sachs Group assumed coverage on shares of Bilibili in a research report on Sunday, April 10th.

They set a "hold" rating and a $35.00 target price for the company. One analyst has rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $57.38.

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