Jefferies analyst Thomas Chong reiterated a Buy rating on Bilibili today and set a price target of $34.00. The company’s shares closed last Friday at $26.60.
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According to TipRanks, Chong is a 5-star analyst with an average return of 16.5% and a 59.23% success rate. Chong covers the Communication Services sector, focusing on stocks such as Kuaishou Technology Class B, Baidu, and Bilibili.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bilibili with a $28.25 average price target, a 6.20% upside from current levels. In a report released on September 30, Goldman Sachs also maintained a Buy rating on the stock with a $30.00 price target.
BILI market cap is currently $11.96B and has a P/E ratio of 366.39.
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