Bilibili (NASDAQ:BILI) PT Raised to $17.00

Bilibili (NASDAQ:BILI) had its target price upped by stock analysts at Mizuho from $15.00 to $17.00 in a report issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Mizuho’s target price indicates a potential upside of 21.34% from the company’s current price.

BILI has been the subject of several other research reports. Daiwa Capital Markets downgraded shares of Bilibili from a “buy” rating to a “neutral” rating in a research report on Friday, January 19th. JPMorgan Chase & Co. raised Bilibili from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $10.00 to $11.00 in a research note on Monday, March 11th. Finally, Citigroup cut Bilibili from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $18.00 to $12.50 in a research report on Monday, March 11th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $15.37.

Bilibili Trading Up 2.6 %

Shares of Bilibili stock opened at $14.01 on Friday. Bilibili has a 12 month low of $8.80 and a 12 month high of $19.74. The company has a market capitalization of $5.77 billion, a PE ratio of -8.54 and a beta of 0.96. The stock’s fifty day simple moving average is $11.86 and its 200 day simple moving average is $11.70.

Bilibili (NASDAQ:BILI) last released its quarterly earnings data on Thursday, March 7th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.03). Bilibili had a negative net margin of 21.34% and a negative return on equity of 28.12%. The business had revenue of $881.13 million for the quarter, compared to the consensus estimate of $891.61 million. Analysts predict that Bilibili will post -0.55 EPS for the current fiscal year.

Institutional Trading of Bilibili

Institutional investors and hedge funds have recently bought and sold shares of the stock. Greenleaf Trust increased its stake in Bilibili by 5.5% in the third quarter. Greenleaf Trust now owns 21,614 shares of the company’s stock valued at $298,000 after acquiring an additional 1,127 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Bilibili by 7.1% in the 3rd quarter. Principal Financial Group Inc. now owns 18,036 shares of the company’s stock valued at $248,000 after purchasing an additional 1,202 shares during the last quarter. Vontobel Holding Ltd. raised its holdings in shares of Bilibili by 4.1% during the 4th quarter. Vontobel Holding Ltd. now owns 36,439 shares of the company’s stock worth $443,000 after buying an additional 1,424 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in Bilibili by 29.1% in the fourth quarter. Daiwa Securities Group Inc. now owns 6,970 shares of the company’s stock valued at $85,000 after buying an additional 1,569 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its position in Bilibili by 19.3% in the fourth quarter. Quadrant Capital Group LLC now owns 10,283 shares of the company’s stock valued at $125,000 after acquiring an additional 1,667 shares during the last quarter. Institutional investors own 16.08% of the company’s stock.

About Bilibili

Bilibili 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.