Yahoo Finance Will the Bilibili Inc share price run continue?
In this article we will quickly re-cap the broker forecasts for Bilibili Inc (NSQ:BILI).
The Bilibili Inc share price has risen by 33.5% over the past month and it’s currently trading at 48.23. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Bilibili Inc currently has:
10 Buy recommendations
0 Hold recommendations
0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
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Questioning broker positivity
At its current price of 48.23, shares in Bilibili Inc are trading at a discount of -8.94% to its 52 week high price. The 1-year performance of the shares has been 181.1%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Bilibili Inc it's worth doing some investigation yourself.
There are all sorts of factors that could affect Bilibili Inc's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for Bilibili Inc – you might discover some surprising things you didn’t know.
