Most analysts who have covered the stock in the preceding year have set a price target of $22.44 for the stock in the next 12 months.
Various equity research analysts from different companies have published articles about the company.
After being at that level in the past, the target price for $Bilibili Inc.(BILI)$ was raised from $11.50 to $13.50 in a research report made public by Bank of America on November 25. JPMorgan Chase & Co stated in a research note released on Wednesday, December 7, that they were increasing their target price for Bilibili from $20.00 to $30.00 and that this increase was effective immediately. Citigroup moved Bilibili from a “neutral” rating to a “buy” recommendation and set a target price of $28.00 for the company in a research report made available to the public on Friday, March 1, 2019. Sanford C.
Bernstein upgraded Bilibili’s rating from “underperform” to “market perform” based on research that was made public on December 13.
Last but not least, research released by The Goldman Sachs Group on Monday, January 9, indicated that the firm had upgraded Bilibili from a “neutral” rating to an “overweight” rating and raised its price target for the stock.
Recent transactions by institutional investors have resulted in changes to the proportion of the company’s stock held by these investors.
PNC Financial Services Group INC increased the amount of Bilibili stock owned by 382.2% over the first three months of 2018.
PNC Financial Services Group INC now holds 1,027 shares of the company’s stock, collectively valued at a total of $27,000.
This results from the company’s purchase of 814 additional shares during the most recent fiscal quarter.
During the final three months of 2018, 1832 Asset Management L.P.
Acquired a new position in Bilibili for $62,000.
Daiwa Securities Group INC spent $63,000 to acquire a new position in Bilibili over the final three months of 2018.
During the last three months of 2018, Parallel Advisors LLC amassed an additional 43.5 percent of the total number of shares of Bilibili common stock.
After making an additional purchase of 1,076 shares during the most recent quarter, Parallel Advisors LLC now has 3,551 shares. One share of the company’s stock is worth approximately $84,000.
Last but not least, during the period covered by this report, Quadrant Capital Group LLC increased the amount of Bilibili stock owned by 52.1%, making this the highlight of this section. Quadrant Capital Group LLC now holds 4,270 shares of the company’s stock, which has a value of $109,000 after purchasing an additional 1,463 shares during the period in question.
To the tune of 20.27 percent of the company’s stock, institutional investors own those shares.
On Friday, trading began for NASDAQ: BILI for $22.18.
The firm’s beta value is currently at 1.08, and its market capitalization is currently at $8.66 billion.
The price-to-earnings ratio of the company is 7.81, which is negative.
The stock’s moving averages over the past 50 and 200 days come in at $23.43 and $19.47, respectively. Within the last year, the price of Bilibili ranged from $8.23 up to $35.00 at its highest point.
The lowest price we could find was $8.23.
There is a 1.64 correlation between the debt-to-equity ratio, the current ratio, and the quick ratio, with the current ratio at 1.43.
A holding company based in the United States named Bilibili, INC owns a well-known brand that satisfies the desire for online entertainment among adolescents in China.
It provides a vast selection of content to cater to the numerous interests that children of today have.
The business offers its clients a diverse selection of possibilities for viewing video-based content, with the primary emphasis being placed on live streaming and professionally-created user-generated videos (UGV), in addition to occupationally-created videos (OGV) and other forms of content.
source：beststocks
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