On Jun 27, 2018 Bank of America Reaffirms Stock “Buy” Rating on Bilibili (BILI) and $17.3 Target.

June 27, 2018 - By Charla Downs

Reiterated Bilibili (BILI) Rating.

The $17.3 PT on the $4.06B market cap company given by Expert analysts at Bank of America suggests a potential upside of 18.66 %. The Bilibili (BILI)‘s stock had its “Buy” Rating sent to clients and investors in analysts note on Tuesday morning.

Bilibili Inc. (NASDAQ:BILI) Ratings Coverage

In total 4 analysts cover Bilibili Inc (BILI). “Buy” rating has 4, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 6 are the (BILI)’s analyst reports since April 23, 2018 according to StockzIntelligence Inc. The stock rating was initiated by J.P. Morgan with “Buy” on Monday, May 7. In Tuesday, May 29 report JP Morgan maintained it with “Overweight” rating and $16 target. On Thursday, April 26 Bank of America initiated the shares of BILI in report with “Buy” rating. On Tuesday, June 26 the rating was maintained by Bank of America with “Buy”. The stock rating was initiated by Morgan Stanley with “Buy” on Monday, April 23.

The stock decreased 8.02% or $1.27 during the last trading session, reaching $14.58.Bilibili Inc. is after having 0.00% since June 27, 2017. BILI has 5.79 million volume or 24.80% up from normal. The stock underperformed the S&P500 by 12.57%.

On August, 22 is expected Bilibili Inc. (NASDAQ:BILI)’s earnings report, as reported by RTT. -92.59 % EPS growth is what Wall Street’s predicts after $-0.27 reported EPS last quarter.

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.Last it reported negative earnings.

For more Bilibili Inc. (NASDAQ:BILI) news posted recently go to: Streetinsider.com, Seekingalpha.com, Seekingalpha.com, Fool.com or Nasdaq.com. The titles are as follows: “Bilibili (BILI) PT Raised to $17.30 at BofA/Merrill Lynch” posted on June 26, 2018, “Bilibili Seems Massively Overvalued” on June 07, 2018, “iClick Interactive partners with Bilibili” with a publish date: June 21, 2018, “Should You Chase Bilibili’s Post-IPO Rally?” and the last “Has iQiyi Stock Finally Hit Its Ceiling?” with publication date: June 20, 2018.

Bilibili Inc. (NASDAQ:BILI) Analyst Ratings Chart

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