Shares of Baidu Inc (NASDAQ:BIDU) have been assigned an average rating of “Hold” from the twenty-five analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $144.73.
Several equities research analysts have recently commented on the stock. UBS Group reiterated a “hold” rating and set a $145.00 price target on shares of Baidu in a research report on Friday, July 5th. ValuEngine upgraded shares of Baidu from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st. Zacks Investment Research upgraded shares of Baidu from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 17th. Daiwa Capital Markets set a $108.00 price target on shares of Baidu and gave the stock a “hold” rating in a research report on Friday, August 30th. Finally, Morgan Stanley set a $125.00 price target on shares of Baidu and gave the stock a “hold” rating in a research report on Tuesday, August 20th.
Shares of NASDAQ:BIDU traded up $3.95 during trading on Thursday, hitting $103.85. 3,463,507 shares of the company’s stock were exchanged, compared to its average volume of 3,719,174. Baidu has a 1-year low of $93.39 and a 1-year high of $206.65. The firm has a 50-day moving average price of $104.60 and a two-hundred day moving average price of $125.41. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.32. The firm has a market cap of $35.45 billion, a P/E ratio of 13.31, a PEG ratio of 13.30 and a beta of 1.74.
Baidu Company Profile
Baidu, Inc provides Internet search services in China and internationally. It operates through two segments, Baidu Core and iQIYI. The Baidu Core segment offers products for uses, including Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services through its other properties and Union partners; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Haokan, a short video app; and Quanmin, a flash video app for users to create and share short videos.
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