Bilibili Inc. (NASDAQ:BILI - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the fourteen ratings firms that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $19.69.
A number of research analysts recently issued reports on the company. Barclays raised their price target on Bilibili from $19.00 to $24.00 and gave the stock an "overweight" rating in a research note on Monday, November 18th. Mizuho raised their target price on shares of Bilibili from $17.00 to $21.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 12th. Daiwa Capital Markets upgraded shares of Bilibili from a "neutral" rating to a "buy" rating in a research report on Friday, November 8th. Bank of America raised their price objective on shares of Bilibili from $19.00 to $22.50 and gave the stock a "buy" rating in a research report on Friday, October 25th. Finally, Daiwa America upgraded shares of Bilibili from a "hold" rating to a "strong-buy" rating in a research note on Friday, November 8th.
Get Our Latest Report on BILI
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in BILI. Avior Wealth Management LLC boosted its holdings in Bilibili by 1,817.7% in the 4th quarter. Avior Wealth Management LLC now owns 1,515 shares of the company's stock valued at $27,000 after purchasing an additional 1,436 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Bilibili by 227.3% in the third quarter. Blue Trust Inc. now owns 1,283 shares of the company's stock valued at $30,000 after buying an additional 891 shares in the last quarter. TD Private Client Wealth LLC purchased a new stake in shares of Bilibili in the third quarter valued at approximately $53,000. Federated Hermes Inc. acquired a new position in Bilibili during the fourth quarter worth $55,000. Finally, Venturi Wealth Management LLC purchased a new position in Bilibili in the third quarter worth $63,000. 16.08% of the stock is owned by hedge funds and other institutional investors.
Bilibili Stock Performance
Shares of BILI stock traded down $0.47 during mid-day trading on Friday, hitting $20.34. 6,780,758 shares of the stock were exchanged, compared to its average volume of 6,120,850. The stock's fifty day simple moving average is $18.16 and its two-hundred day simple moving average is $18.46. Bilibili has a 12-month low of $9.63 and a 12-month high of $31.77. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of -22.11 and a beta of 0.81.
About Bilibili
(
Get Free ReportBilibili 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.
Recommended Stories
Before you consider Bilibili, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bilibili wasn't on the list.
While Bilibili currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
