Merrill Lynch Reaffirms Their Buy Rating on Bilibili Inc


Merrill Lynch analyst Binnie Wong maintained a Buy rating on Bilibili Inc (NASDAQ: BILI) today and set a price target of $17.30. The company’s shares opened today at $15.95.

Wong has an average return of 39.6% when recommending Bilibili Inc.

According to TipRanks.com, Wong is ranked #684 out of 4822 analysts.

Bilibili Inc has an analyst consensus of Strong Buy, with a price target consensus of $14.23.

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The company has a one-year high of $22.70 and a one-year low of $9.62. Currently, Bilibili Inc has an average volume of 4.59M.

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Bilibili, Inc. engages in the provision of content and entertainment experience. It covers genres and media formats, including videos, live broadcasting, and mobile games. The company was founded by Xu Yi in December 2013 and is headquartered Shanghai, China.

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