Citigroup Cuts Bilibili (NASDAQ:BILI) Price Target to $20.00
BILI has been the subject of a number of other research reports. Goldman Sachs Group began coverage on shares of Bilibili in a research report on Wednesday, August 7th. They issued a buy rating and a $21.50 price objective for the company. 86 Research upgraded shares of Bilibili to a buy rating and set a $19.00 price objective for the company in a research report on Friday, May 17th. Zacks Investment Research upgraded shares of Bilibili from a hold rating to a strong-buy rating and set a $17.00 price objective for the company in a research report on Friday, August 2nd. ValuEngine downgraded shares of Bilibili from a buy rating to a hold rating in a research report on Thursday, August 1st. Finally, Jefferies Financial Group initiated coverage on shares of Bilibili in a research report on Monday, August 5th. They set a buy rating and a $17.90 price target for the company. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Bilibili currently has an average rating of Buy and a consensus target price of $19.34.
Shares of NASDAQ:BILI opened at $13.70 on Tuesday. Bilibili has a 52 week low of $11.00 and a 52 week high of $21.50. The company has a 50-day moving average price of $14.95 and a 200 day moving average price of $16.41.
Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a platform that covers a range of genres and media formats, including videos, live broadcasting, and mobile games. Bilibili Inc has a strategic collaboration agreement with Tencent Holdings Limited for sharing and operating existing and additional anime and games on its platform in China.
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