Bilibili (BILI): “Buy” Rating was Reiterated by Analysts at Bank of America; with Target Price of $17.3.

June 27, 2018 - By Alma Kearns

Reiterated Bilibili (BILI) Rating.

On 26 June a report was revealed to clients on Bilibili (BILI) of its “Buy” Rating reconfirmed by stock analysts at Bank of America. The MC company was given $17.3 price target that means 18.66 % upside potential from the last stock close price.

Bilibili Inc. (NASDAQ:BILI) Ratings Coverage

A total of 4 analysts rate Bilibili Inc (BILI) as follows: 4 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. (BILI) has 6 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Tuesday, May 29 the stock of Bilibili Inc. (NASDAQ:BILI) earned “Overweight” rating by JP Morgan. On Thursday, April 26 Bank of America initiated Bilibili Inc. (NASDAQ:BILI) with “Buy” rating. The stock rating was maintained by Bank of America with “Buy” on Tuesday, June 26. On Monday, April 23 Morgan Stanley initiated Bilibili Inc. (NASDAQ:BILI) with “Buy” rating. On Monday, May 7 the stock of Bilibili Inc. (NASDAQ:BILI) earned “Buy” rating by J.P. Morgan.

Ticker’s shares touched $14.58 during the last trading session after 8.02% change.Bilibili Inc. has 5.79M shares volume, 24.80% up from normal. BILI is and has moved 0.00% since June 27, 2017. The stock underperformed the S&P 500 by 12.57%.

On August, 22. Investors wait Bilibili Inc. (NASDAQ:BILI) to reveal its quarterly earnings, according to Zacks. Wall Street sees -92.59 % EPS growth as of August, 22.

Bilibili Inc. provides online entertainment services for the young generations in the People's Republic of China.The company has $4.06 billion market cap. It offers a platform that covers a range of genres and media formats, including videos, live broadcasting, and mobile games.Currently it has negative earnings.

For more Bilibili Inc. (NASDAQ:BILI) news announced recently go to: Seekingalpha.com, Nasdaq.com, Seekingalpha.com, Streetinsider.com or Fool.com. The titles are as follows: “iClick Interactive partners with Bilibili” announced on June 21, 2018, “Has iQiyi Stock Finally Hit Its Ceiling?” on June 20, 2018, “Bilibili Seems Massively Overvalued” with a publish date: June 07, 2018, “Bilibili (BILI) PT Raised to $17.30 at BofA/Merrill Lynch” and the last “Should You Chase Bilibili’s Post-IPO Rally?” with publication date: June 27, 2018.

Bilibili Inc. (NASDAQ:BILI) Analyst Ratings Chart

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