Weekly Recap | Bilibili +2.04%, most brokers rate it buy
Weekly Review·
- Bilibili shares rose 2.04 % over the week to close at 15.54 USD, outperforming the S & P 500 by 2.84 percentage points.
- The company announced a 700 million USD convertible bond issuance and Tencent's share placement, which institutions believe removed selling pressure.
- Thirty-one institutions currently cover Bilibili, with twenty-eight giving buy or overweight ratings and an average target price of 26.83 USD.
